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21 Dec 2007 1:44 PM:

Hi,

I wondered if anyone could offer me any advice on where I stand on this. My situation is that I sold my apartment on this development (in Block 10) back in January 07. I sold it through Palmera and it was on the basis that the new buyer would pay me 50% upfront and the final 50% upon completion of the apartment. I accepted this on the basis that the property was supposed to have been finished in Aug 07, which I was advised by the Palmera Agent.

As I have now signed the cession contract and legally handed over the ownership to the new buyers, I don't know the best route for me to take to try and recover the other 50% that I'm still owed. Can I take legal action against either the builder or Palmera now that I've signed over ownership to the new buyers?

If anyone else is in my situation or can offer any advice I would really appreciate it.

 

 



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