Home » Spanish Property Forums » Spanish Real Estate Chatter » Doyou need A lawyer
-
-
If someone decides to execute A bank guarantee due to breach of contract by the developer do you need A lawyer to do this for you.
-
Anyone out there who can help Maureen?
Drakan, Jose Maria – where are you, we miss you and your help!!!! 😥
-
Strictly you don’t need one to execute it, albeit a lawyer has more of a “push” and banks will always try to delay the execution of the guarantee no matter how right you might be, it’s standard practice although they deny it.
Normally it’s the lawyer who asks for this bank or insurance guarantee and then strives to execute it should the case crop up, despite the bank’s opposition.
-
Thanks for the reply I wonder could you tell me what the average conveyance fees are the price we have been quoted seems excessive.
Maureen
-
-
Thanks Mark, I think they have seen us coming although we have not yet instructed them they are asking 1.700 Euros if we want to pull out as the builder will be in breach of contract this week and 2.600 Euros if we carry on the original price of the property is less than half quoted in the article.
Maureen
- The forum ‘Spanish Real Estate Chatter’ is closed to new topics and replies.