Quote:
Originally Posted by Jain and Chris
roythepower "Every conning tactic is used to try and get your money."
If you talk to reputable lawyers here they will tell you that most (if not all) of their clients have been conned in straightforward and usual ways, which have been practiced in the real estate industry worldwide for many years.
Connection's comment to get yourself a good independent lawyer at the very start is excellent advice.
I was talking to Asja (lawyer) about this only recently. I think she has come to the conclusion that most buyers don't really want to know all that the contract says in nitty gritty terms and so usually just leave it all in the hands of the developer/agent/their lawyers. We both felt that buyers must take the responsibility to check their contracts thoroughly with their own lawyer before signing them and get suitable clauses inserted to protect themselves as buyers. The only time buyers seem particularly interested in what the contract really says is when problems arise. It is best to protect yourself before you sign anything or part with any money not afterwards.
Don't forget as well to ensure that everything is translated by a registered translator for you so that you thoroughly understand everything in detail: best not to rely on a short verbal translation from the agent or developer but get a written stamped translation by a certified translator.
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I would like to know where to turn when the lawyers for these companies are acting illegally. Is there any complaints proceedure to be made in Bulgaria and if so who to. Also what is the position on Professional misconduct by a developer operating out of Ireland with an Irish bank account. Also I think a huge representation should be made to the european commission. there are a lot of valid cases out there and I know for sure there are people in my situation who are not aware yet they are being conned