Quote:
Originally Posted by chandra
Hi Zeiad, I wrote you two days back. I understand you did a due diligence on Oasis Marina. Can you please let me know what is your opinin about this project. Is building permission in place for it?
Thanks.
Chandra
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Hi Chandra
Is this something that you asked your agent to get, if so what was the reply.
It should be readily available and potential owners should be very wary of placing a reservation without seeing a fully authorised translation of the full license. You should not be happy with "I've seen a copy" as note in a due diligence report.
There is nothing confidential in a license that you should not be allowed to see.
You should also ask when planning permission was requested to get some idea of how long the developer has been waiting so far.
If it has only just been applied for it could be many months before it is ready.
.