Well atleast you"ll get some money taken off your maintenance fee if not Are you going out again for handover? is all your furniture included?
You"ll have to go out for April 24th, hop on the ferryand join all us mad women in Bulls!!

Hi Nutty - I am not buying their furniture package as too dear and not very nice. We will have it made by a carpenter that I met last time I was there. We are hoping to go over as soon as the keys are available. If it is April I will get a flight over as really cheap and alot easier and quicker than the ferry. I will bring a decent box of Pinot with me LOL.

lol and some name stickers incase Jayne and I forget!!

I will bring a sticker and a carnation as well LOL

The odds are getting longer. Just heard from my ' neighbour ' that has bought above me and she has just returned.

Nothing has been done in my apartment since I saw it in Nov and it is still full of wood and shavings!!

Regarding the topic of this thread, I'd like to draw out the main lines surrounding the handover issue.

We can classify the entire issue to two main stages (points):

Stage (1): Prevention:

Securing a transaction - as mentioned before in another thread - is the most important part of it. Securing a transaction is a long and complicated procedure and it includes many sub-procedural measurments. One of these measurments - an essential one - is revising a contract to check for a lot of certain subjects. One of these subjects is handover date.

A purchaser shall make sure that the date is fixed in the contract to begin with. Then make sue that sanction in case of delay exists, and should be satisfied with the sanction.

This simple procedure preserves the purchaser's right to claim compensation in the event the developer had delayed.

Stage (2): Taking Action:

Now the assumption is that the handover date was exceeded, and the developer failed to meet that date - it happens a lot, you know - and you want to get your property deliver inorder to live in, to rent out, or just because...

The most proper way to take first is contacting the developer, either by yourself or through a representative (Solicitor, Agent, Friend...etc.) and make sure the developer gets the point that you are upset of the delay yet friendly, and you should initiate enquiring "what can thedeveloper offer to make you satisfied?" And listen carefully to what they have to say. If the offer was acceptable, then it is all good! No problems! If the offer was unacceptable then negotiations to enhance the offer take place.

However, if all the previous attempts resulted in failure, then official steps shall be taken.

The purchaser (or their solicitor) "hereinafter referred to as "The Reporter" shall issue a police report, having the original contract and a photo copy with them, where the handover date is shown. The Reporter shall give their saying and claim either instant delivery (according to terms and agreements) or compensation.

The tourism police will refer it to the main police station, where it will have a new number, and sent to the prosecutor.

Now if there was no follow-up, the case will die in its cradle. The solicitor must make sure the case is moving in its normal path, and based on this report / number sue the developer for compensation according to the contract's terms and agreements plus compensation for any additional tort that was a consequence of this delay and nonpayment, provided that an "evidence" in case if additional tort must be provided to the court to "link" the deed to the tort, or in other words...to prove that that additional tort was a normal, logical, and PRACTICAL result of the developer's fault.

Most developers will tend to avoid the official part and solve it amicably, especially that they care for their image and reputation.

Zeiad Yehia
Solicitor

Great info as always that we can understand Zeiad

Thanks very much.

Regards

Alison

And you're really welcome Alison.

Zeiad

Completion Date was due for Mid September. My apartment is now finished however the building still has quite some way to go and power is still connected to a generator.

Having been out a few times in the last couple of months I get the feeling that it probably wont be 100% until about June/July (my opinion).

No compensation paid as told the apartment is ready and I bought an apartment not the building.....

Maintenance is another story

Hi Egypt,

Are you having to pay maintenance before the Towers are finished? We hope to complete contracts this week and it'll take them another 4 weeks to complete the apartment but we're not sure when we have to start paying maintenance

Lyndsay

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