03 Sep 2008 3:51 PM:
Maria, Stuart,
I also have an apartment at El Patio, and my lawyers are also Lawyers of Spain.
When the original promised completion date came and passed in December 2007, they told me that the developer had a 'grace period' of 6 months to complete the transaction and this was common in Spanish law. I thought this was odd, but trusted them.
However, 6 months have clearly passed and I recently contacted them to start proceeding with the cancellation of the contract as the developer has not fulfilled the contract. But I was told that the developer still has one more year to complete the transaction. I don't know why it's one more year, and am very confused by the situation. From what Lawyers of Spain have told me, it appears that the developer can do exactly what they want and complete whenever they feel like and completion dates are not important.
I suggest that we commence an action (jointly funded) against the developer.
Please let me know your thoughts.
Community thread:
Dona Julia El Patio Completion Date
--------------------------------------