Burgos and Valencia for buyers/ against Banks in off plan purchases

Post reply   Start new thread
:: New - Old :: Old - New

Pages: 1 |

Forum home :: Latest threads :: Search forums
The Comments
13 Nov 2011 12:00 AM by mariadecastro Star rating in Algeciras (Cadiz). 9402 posts Send private message

mariadecastro´s avatar

 http://www.eyeonspain.com/blogs/costaluz/6326/legal-tip-636-great-for--burgos-and-velencia-on-the-defence-of-buyers-against-banks-in-off-plan-purchasers.aspx

Legal tip 636. Great for Burgos and Valencia on the defence of buyers against Banks in off plan purchases 
13 November 2011 @ 11:49 

 Together with last one by Murcia, new 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.

We keep going ahead!

 

 



_______________________

Maria L. de Castro, JD, MA

Lawyer

Director www.costaluzlawyers.es

El blog de Maria



Like 0      

Pages: 1 |

Post reply    Start new thread


Previous Threads

Car Wanted - 7 posts
Fiestas in Almoradi - 1 posts
Well done England - 4 posts
Live Poker League in Murcia - win a trip to Vegas - 0 posts
Silly old fools - 37 posts
Oil-fired community boilers - 1 posts
Wanted reliable, conscientious, friendly cleaner and key holder for 4 privately owned apartments in Guardamar Del Segura. - 0 posts
Modelo 210 help please - rental income and nuda propriedad - 4 posts
Any air travel sleuths here? - 5 posts
Flights - Riga to Malaga ? - 4 posts
Elec Meter/Iberdrola/Need Reconnected! - La Manga - 4 posts
Unable to reply on a thread - 4 posts
We will Remember them - 0 posts
Not all bad news but there again it is Spain - 5 posts
Old Spanish 3-pin socket - 4 posts
COMMUNITY OF OWNERS LAW IN SPAIN - 6 posts
Van going to England - 0 posts
Storage - 2 posts
Any good tips for getting property back to UK from El Raso, Guardamar? - 4 posts
looking for a bar/resteraunt with food to hire for an awards night in benidorm - 0 posts
Scraping English car in Alicante - 7 posts
tenants rights re bank repossession - 4 posts
This will warm the cockles of your heart - yum! - 13 posts
--CAR WANTED-- - 0 posts
Jet 2 - 3 posts

Number of posts in this thread: 1

DISCLAIMER:  All opinions posted on these message boards are the opinion solely of the poster and do not necessarily reflect the opinion of Eye on Spain, its servants or agents.


1 |
Our Weekly Email Digest
Name:
Email:


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