All EOS blogs All Spain blogs  Start your own blog Start your own blog 

Spanish Off-Plan Property - Bank Guarantees - LEY 57/68

This blog is for all those Off-Plan property purchasers in Spain who have not received Bank Guarantees for their deposit funds as required by Spanish Law, in particular LEY 57/68 Article 1.1 and 1.2 and are now at risk of losing their money. In addition many purchasers who did receive Bank Guarantees are now finding that the Spanish Banks are refusing to honour them without legal action being taken by the purchaser.

MR JOSÉ LUIS RODRÍGUEZ ZAPATERO STATEMENT 6 JULY 2010
Thursday, July 15, 2010 @ 2:18 AM

Spanish Prime Minister Mr José Luis Rodríguez Zapatero said in the European Parliament 6 July 2010:

"My country is based on the rule of law and it respects and ensures that laws are respected.  The courts are responsible for the application of law.  We stand shoulder to shoulder with those people who, maybe, have had the wool pulled over their eyes in the property sector"

Mr Zapatero has certainly not ensured that LEY 57/68 has been respected and the courts have failed in their reponsibility of applying LEY 57/68 to many hundreds of cases.

It is all very well standing shoulder to shoulder with people like us who have 'had the wool pulled over our eyes' by the corrupt developers and negligent Banks, but what action is he taking to ensure that our deposit monies will be refunded?



Like 0




0 Comments


Only registered users can comment on this blog post. Please Sign In or Register now.




 

This site uses cookies. By continuing to browse you are agreeing to our use of cookies. More information here. x