Refunds from Banks even when no Bank Guarantee was issued

Schools and Education in Spain Guide
Post reply   Start new thread
New - Old :: Old - New

Pages: 1 |

Calas del Pinar forum threads
The Comments
15 Dec 2011 00:00 by mariadecastro Star rating in Algeciras (Cadiz). 8075 forum posts Send private message

mariadecastro´s avatar

 Legal tip 636. Great for Burgos and Valencia on the defence of buyers against Banks in off plan purchases 


If you bought a property off plan in Calas del Pinar from Peinsa 97 S.L. and you did not receive an individual certificate of Bank Guarantee, you might be interested on this:

 

Together with last one by Murcia, new Case Law ones coming out by Burgos and Valencia deffending the obligation of Banks to refund, in cases where individual certificates of Bank Guarantees were not handed to buyers.

 

In essence the protective character of this wise Law dated 1968 plays the big role in favour of buyers who advanced good amounts of money for something that initially is just an architect plan.

 

Law 57/68 made Banks guardians of buyers amounts, in what it is a very correct approach with a great sense of balance of markets and limits to the strong parties.

 

If you are interested on information about this action, please email us to web@costaluzlawyers.es

 

We keep going ahead!

Grazalema

"Grazalema", Cádiz, Spain, by Werkmens, at flickr.com



_______________________

Maria L. de Castro, JD, MA

Lawyer

Director www.costaluzlawyers.es

El blog de Maria


Like 0 Dislike 0       | Dislike

Spam post or Abuse? Please let us know

15 Dec 2011 15:57 by briansue Star rating. 13 forum posts Send private message

 Would be interested to know how many others who have bought on C D P were given bank guarantee certificates we certainly were not.

 



This message was last edited by briansue on 15/12/2011.



This message was last edited by briansue on 15/12/2011.

_______________________
Brian and Sue


Like 0 Dislike 0       | Dislike

Spam post or Abuse? Please let us know

Pages: 1 |
Post reply   Start new thread
Share it!


Previous Threads

Big Fire - 2 posts
First AGM - Setting up the community - 43 posts
Sending Money to Spain - 4 posts
Jet2 & New Airport - 3 posts
News News - 3 posts
Terreros Residents Association and Fences - 7 posts
Taxing time - 0 posts
JUST BACK FROM A VISIT - 0 posts
moving in tomorrow - 2 posts
bus service - 0 posts
2012 Aguilas Carnival Dates - 0 posts
New (?) Taxi Service - 10 posts
San Javier Closure !!! - 4 posts
Market all year? - 2 posts
RYAN AIR - CHANGES APPROACH TO HOW TO WAIVE FEES - 4 posts
Bank Insurance - 1 posts
Transfering funds.... - 4 posts
Car Hire & Drinky Poos in September - 6 posts
Community Charges ? - 7 posts
Cash Machine - 2 posts
Shooting ranges - Pistol and Rifle - 2 posts
PRIVATE DAY BOAT HIRE - 7 posts
boy drowns on Serena beach - 3 posts
Triathlon 2011 - 1 posts
JUST BACK - PHOTO;S OF DEVELOPMENT LOADED - 0 posts

2 posts were found:


1 |
Our Weekly Email Digest
Name:  
Email:
   
Compare car hire in Spain