Reply To: Bank Guarantees/Will You Ever Win

#86361
Inez
Participant

I agree with you Shakeel – you can see whats happening and the uilder cannot take money for what does not exist. In Spain the off-plan scenario doesnt really exist as the Spanish do not recognize buying a contract where there is no substance.

People bought the rights to a property but as it didnt actaully exist at the time it was a bit of an anomally. I guess this is why so many had something entirely different to what they actually thought they had purchased!