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- This topic has 4 replies, 3 voices, and was last updated 16 years, 12 months ago by mariadecastro.
April 6, 2006 at 5:28 pm #51709
we brought an off plan property called Jardin Tropical which was due to complete in decembr 2005. However we have become aware the builder is in financial difficulty and will not be able to complete the developement. The builder was Larios 2000 SL. However when our contracts were negotiated we achieved a contract that forced the company Inversiones Patirmoniales Bosquemar SL to complete first on the purchase with Larios 2000, before they sold them over to us, and therefore if the developer company can not finish the development then we would be able get a refund of the total amount that we paid over to them up to that point. However we have not heard what is happening to our refund and would like to know what would be the next step. I would also like to hear from people who have brought property on this complex.
April 7, 2006 at 11:19 am #61656mariadecastroParticipant
I don´t fully understand your explanations. I would rather need to see the contract you signed to see what is the liability of ones and other ones.
Maria de Castro
April 7, 2006 at 12:43 pm #61658
Hi Maira De Castro
when we brought the Jardin Torpical it was negogaited thru a property buying club.Lawers on our behalf put a clause in the contract that Inversiones Patirmoniales Bosquemar SL had to purchase from the builders Larios 2000 SL first before they where sold onto us. Therefore our contracts are with Inversiones Patirmoniales Bosquemar SL and not Larios 2000. i hope this makes sense.
what sort of things would you need to look at the contract.
April 7, 2006 at 1:25 pm #61660
Some comments about this development on
April 8, 2006 at 7:12 am #61667mariadecastroParticipant
Several, but mainly:
The design of parties of the contract
The contractual time period
the mutual obligations
And a general check of the whole document will help better and more.
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