- January 20, 2006 at 8:46 pm #51498
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.
- January 21, 2006 at 10:56 pm #60611
Anyone out there who can help Maureen?
Drakan, Jose Maria – where are you, we miss you and your help!!!! 😥
- January 22, 2006 at 2:34 pm #60616
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.
- January 23, 2006 at 4:51 pm #60630
Thanks for the reply I wonder could you tell me what the average conveyance fees are the price we have been quoted seems excessive.
- January 23, 2006 at 5:04 pm #60631
This should help situate you regards legal fees:
- January 23, 2006 at 5:29 pm #60632
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.
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