Quote:
Originally Posted by Dotty
How can deposits be taken on land that does not have a license?How can such a huge project be promoted by famous people that no nothing about the companies finances?Who would have expected the company to collapse ?
Will all desposits be returned?Lets wait and see!
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Dotty
Firstly those that reserved at the pre-launch stage knew they were entering into a pre-licenced project. There reservations were made subject to licence being granted within a 12 month period. If after 12 months (29th May 2008) licences are not granted, which unfortunately i now fear they wont be, all buyers are entitled to a full refund which is backed by Barclays in Spain.
All buyers that reserved, lodged their deposits in their lawyers escrow account in order for buyer security in obtaining their refunds should the licences not be granted.
I am now acting on behalf of those buyers that bought through my previous employers in order to ensure these refunds happen in a timely fashion.
I am well known on this forum, regarding this project, and I am now keeping to my word in order to ensure all is fair.
Thanks
Lisa