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Old 22-05-2008, 05:05 PM
Cam101 Cam101 is offline
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Join Date: Sep 2007
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Quote:
Originally Posted by deedee1 View Post
Hi all,

Sorry cam for the confusion!

Right just spoke to the lawyers your right cam in a way...

They have said the 500 euros is their fee to deal with the refund from gs but you have to pay a provision of 1000 euros to cover actual costs for documentation ,powers of attourneys etc involvolved!

This is the maximum and shouldnt cost any more and that Any money left over from the provision after will be refunded to you.

So yes you have to pay the 580 (vat incl) + 1000 euros = 1580 euros upfront cost.

Which does seem alot- but still only a quarter of my reservation fee at the end of the day.

Id rather pay that than loose the whole refund.

The only way Ill end up out of pocket even more now will be if licences are granted before then and I still decide not to proceed further on the purchase then potentially Ill be minus the reservation fee and minus the lawyers fees aswell.

Take care-D
Hi Deedee

It's a dilema isn't it! On your last point, my selling agent told me last night (I know!)that full licenses have now been granted, stamped and anything else for Galitea phase. My lawyers couldn't confirm this yet, they are still checking it out but if this is the case, it would seem pointless parting with a further 1500 euros if you don't want to progress with the purchase, as the deposit will be lost anyway. I will wait to see what happens in the next week or so with the licenses on Galitea.

Take care
CAM
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