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15 May 2008 00:00 by Rayoconnor Star rating in Dublin. 124 forum posts Send private message

I realise this is not going to be a popular thread to create, and Im not wishing to be negative. However, have any phase 3B or 4 buyers looked into or succesfully pulled out. We have not made this decision, but are trying to clarify our legal position. I stupidly used the lawyer recommended by our agent and they are less than useless(lesson learnt!)

My information is that if Roda dont complete within 18 mths of being granted the building lic, that the bank guarantee can then be invoked and deposit refunded. But Im trying to get this clarified. Even if we can, there is a good chance we will still go ahead. But I guess ive the same positive and negative emotions as everyone  towards this whole project. 

If people prefer to PM any response, thats fine. I dont want to create a long negative thread. 

 




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16 May 2008 06:55 by steve chaffe Star rating. 25 forum posts Send private message

Good morning Ray,

You are absolutely right, you will be able to invoke you legal rights under Spanish Law!!

If you go to the Corvera Golf and Country Club forum on this website you will see that this subject has been covered quite extensively. You will also see that Calidona are now trying to 'cajole' buyers into not invoking the law by offering a 'Promotional Card' to the value of 3.000 euros, an offer l might add l have no intention of taking up.

By reading both forums you will see that the Corvera buyers are a lot more wary of the developers actions, mainly due to them reading the postings made by you guys at Roda.

Hope this helps, and good luck. you can PM if you need more info.

Steve

 




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20 May 2008 20:18 by Rayoconnor Star rating in Dublin. 124 forum posts Send private message

Folks,

Fyi, Phase 3B licence was not granted until Dec 07. So they have until June 09 to complete 3B!
So paddles and creaks etc. etc. 


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29 May 2008 13:16 by Gherold Star rating. 8 forum posts Send private message

Gherold´s avatar
Hi Ray,

I have read in previous threads that the date of the issuing of the licence can be ignored if the foundations were laid prior.  If the date of commencement can be established you can request a refund 18 months from that date.  Also our contract states Phase 3, there is no mention of 3B.  Does yours?


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29 May 2008 14:55 by Rayoconnor Star rating in Dublin. 124 forum posts Send private message

Trouble would be trying to win a case on that basis in Spain. Would be very difficult from what I hear.
But food for thought!!


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