27 Aug 2012 12:57 PM:
Dear all,
Seeing as this thread caused so much interest a few months ago during a period of our personal frustration in not getting the feedback we felt we deserved, I felt it my duty to give you all the latest news that I have just received regarding my appeal hearing of 20th July 2012.
I have been notified this week that we have lost the appeal and there is nothing more I can do against Promaga/Millenium Insurance relating to getting my 20% deposit back using my (Legal Bank Guarantee)! This is based on the grounds the courts feel that being only 1 month late on the granting of the First Occupancy Licence, compared to when our Bank Guarantee / Contract could be executed, is not enough time delay. Even though we had included the 3 months grace period already?
So as a counter example:
I wonder if I was to have let my house insurance expire, then I was to have a theft, I can expect the insurance company to still cover me? What do you think they would say hey??
So my difficulty here is if the deadline had passed, then what is the worth of a Bank Guarantee in the first place??
I just want everyone to realise what you are up against with the Spanish legal system and although I wish you all better luck than we have had, don’t build your hopes up too much and don’t be encouraged to spend more than you feel right on fighting these seemingly unlawful routes…
Best regards
Mark & Denise Barton.
This message was last edited by mark barton on 27/08/2012.
This message was last edited by mark barton on 27/08/2012.
This message was last edited by mark barton on 27/08/2012.
Thread:
IT'S APPEARS NOT AS STRAIGHT FORWARD AS THEY SAY, EVEN WITH A LEGAL BANK GUARANTEE!!
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