Hi Lisa,
It is very humbling for you to help buyers out.I am sure many are not even aware of the real situation.Brasil is enormous and buying land is not difficult,but trying to pull together an enormous project like GNG is really difficult to pull off and time consuming if not most unlikely due to the volume and paperwork involved in the Brazilian paperwork system ,rules and regulation,ecological issues,etc,etc. Will the buyers recieve interest on the money at Barclays and compensation for false hopes too?
Quote:
Originally Posted by Marben
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
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