04 Nov 2014 9:43 AM:
Dear 'ILostMySenseOfHuma',
There are more and more cases being won using Ley 57/68 which allow investors' monies to be returned. These cases have set a precedent which means that the our clients' chances of success are high.
In short, Bank liability can be claimed if the purchaser can provide evidence that the Bank where the account with the deposits in was opened, knew that the account holder was a developer and that money being paid into the account was deposits from purchasers of an off-plan development.
We, of course, would love to provide more details but this site does not allow us to post links to our website for commercial purposes. If you google CPC Worldwide, we have blogs entitled 'Huma Mediterraneo - moving forward' and 'What is Ley 57/68 and how can it help buyers of off-plan property?'. These will give you a lot more information on these topics.
This message was last edited by CPCWorldwide on 04/11/2014.
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