Spanish Property Insight › Forums › Spanish Property Forums › Real Estate Topics, News & Discussion › Bank Guarantee expiry date – Supreme Court resolution › Reply To: Bank Guarantee expiry date – Supreme Court resolution
This thread has made me think of R***s who has posted on here. They won their case which went to a higher court in Madrid, had a Bank Guarantee & no LFO, but then lost their case & have to Appeal again.
I do worry about how strong this new ‘precedent’ is & whether it will put a stop to these injustices we keep hearing about. Hope so though.
On the same development as the case above (still no LFO), the developer is apparently offering a 20% discount if they complete on these ‘illegal’ properties before the end of February 2008 😯