Bank Guarantees in Spain: All That You Ever Wanted to Know but Were Afraid to Ask
I am acting as a broker and have investors interested to purchase bank guarantees from Portugal. I am looking a binding contract to secure my commission in case I successfuly cause the transaction between the buyer and the seller.
Bank Guarantees in Spain: All That You Ever Wanted to Know but Were Afraid to Ask
the lawyer i had in spain failed to get my bank
guarantee, and now is asking for a lot of money for there services, the builder is going out of buisness, can i sue the lawyer for not getting my guarantee as i will loos a lot of money could take years to get my money back through the courts, i am a pensioner an cant afford to loos that money
Bank Guarantees in Spain: All That You Ever Wanted to Know but Were Afraid to Ask
I purchased a property on the Almanzora country Club in Mazzaron in May 2005. The development has since been abandoned due to planning problems. And I subsequently cancelled the contract. I recieved a bank guarantee for my first stage payment after much harrassment.I have had this money paid back. However I could not get a guarantee for my 2nd payment of 30,000 euros despite numerous e-mails to the builder Huma Medditteraneo SL. Have I any legal recourse on the bank directly to pay back the monies deposited in there bank.
Bank Guarantees in Spain: All That You Ever Wanted to Know but Were Afraid to Ask
We also purchased on Almanzora Country Club but never received any BG's for any of our stage payments. We won our legal action against the builder but are still waiting for our money. We bought through an agent and they were supposed to apply for the BG's but again we never received them, despite constant promises from the agent that they were on their way. The agent ignores all our correspondence and has refused to help us, so we are completely on our own apart from our solicitor, who we appointed when we cancelled our plot. What can we do now as we are due to retire in only 3 years time and are now living in a rented property, so we will not be able to survive once we retire, as we sold our family home to purchase this doomed property? Do we have any recompense against the agent? Thanks
Bank Guarantees in Spain: All That You Ever Wanted to Know but Were Afraid to Ask
Dear Lawbirds,
If first occupation licence is granted on the only complete phase of a site that is having major subsidance problems on another phase and the third phase will not be completed in the forseable future, should the bank guarantee still be valid?