Return of Deposit Monies!!

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30 Mar 2007 12:00 AM by cbeukes Star rating. 8 posts Send private message

I would like to hear from anyone who has been through the legal process of getting their deposit back on the grounds of late completion of building works - either successful or unsuccessful.



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30 Mar 2007 2:30 PM by miket Star rating in La Mairena, Elviria. 371 posts Send private message

A Lot depends on how late your property is, the actual circumstances invoved and do you possess an original bank guarantee. Realistically, a year is the optimum time delay to have a good chance of winning in court. Some lawyers will say less but thats the experience I gained from interviewing many litigation lawyers in and around the Marbella district. In thecurrent very slow property market it may well prove very difficult to negotiate a deal with your developer has they have much to lose by returning your deposit? You can win but you must be prepared to go through the full court process!

If you send me a personal message with some background to your property then I'll advise you of whats happened to date with our group litigation case against our developer..........................


_______________________

Mike T






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06 Apr 2007 2:29 PM by melcar Star rating. 12 posts Send private message

Hi,just advised the solicitor to cancel our property in Duquesa Fairways Estepona.Its about 4 years in total,almost 2 years overdue.Apparantly the builder has just offered our money back in full.Will wait in anticipation.We have only waited 2 weeks for this information,it seems too  good to be true.

Has anyone else experienced this situation in Duquesa.........carol




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06 Apr 2007 3:52 PM by JeansSis Star rating. 2376 posts Send private message

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This message was last edited by JeansSis on 5/19/2007.



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07 Apr 2007 3:11 PM by stevepotter Star rating. 8 posts Send private message

Hi Carol,

We cancelled our property on ACC and signed the cancellation contract in Nov 06 but are still waiting for the money, hope yor solicitors are better than ours, all we get in reply to our emails is "it is in progress". Good luck.

Steve

 




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08 Apr 2007 6:08 PM by Roberto Star rating in Torremolinos. 4551 posts Send private message

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99% of lawyers give the rest a bad name.

This message was last edited by Roberto on 4/8/2007.

_______________________

 

"Get your facts first, then you can distort them as you please"

Mark Twain

 

 

 




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09 Apr 2007 10:34 AM by janfos Star rating. 6 posts Send private message

Yes more or less the same as carol

but as i said on another post maria de castro has been very helpful

and always keeps you up to date

responds quickly to every email

regards janet




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10 Apr 2007 11:18 PM by cbeukes Star rating. 8 posts Send private message

Thank you for replies.  If anyone actually 'sees' their money returned, please let us know on this thread and how long it took.  We are beginning the process now.



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11 Apr 2007 12:12 AM by JeansSis Star rating. 2376 posts Send private message

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This message was last edited by JeansSis on 5/19/2007.



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