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Wednesday, January 31, 2007
gillcefai
Parcela
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Hi All
Can anyone advise on the following?
1) At what point does a breach of contract occur by the developer. Our Contract has a deadline date of 31 March 2007. Does this mean that the apartment we are buying must be completed and habitation license in place by this date or does the license not need to be in place by this date?
2) For the license to be issued does the whole develpment need to be finished e.g swimming pools, roads, all apartments, public lighting etc. or can the license be issued on one phase alone?
3) Our bank guantee appears to run out 1 month after the deadline date in the developers contract (30 April 2007). Is this the norm and am I right in assumming therefore that if the developer doesn't hit the 31 March deadline we only have a month to get our month back?
4) How do we know if the developer has hit the 31 March deadline? Do we have to physically be there to see for ourselves or is there some sort of sign off that the developer has to provide?
Any help on this would be greatly appreciated
Gill C. - Clitheroe
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31 Jan 2007 3:03 PM
gillcefai
Parcela
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Sorry folks, first time I've posted a message and it's ended up in the wrong place. I've since started a new thread.
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31 Jan 2007 3:10 PM
JeansSis
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I've made 2512 posts
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Don't worry, Gill. It's getting more & more confusing finding out if one's ALREADY been started before starting one yourself. Anyway, you can now see ........
Your very own thread !!
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