Category Archives: execution o bank guarantee and insurance policies

Possibility to claim in Spain against the Spanish bank for your deposit back as per the law 57/1968 even if you do not have a bank guarantee

Due to  the importance of the subject we would like to repeat AGAIN our post regarding the possibility of claiming against the bank for the deposit and funds paid our a purchase off plan when the developer has not fulfilled … Continue reading

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RESPONSABILIDAD DE LOS BANCOS LEY 57/1968 INCLUSO SIN HABER OTORGADO AVAL INDIVIDUAL

Dada la importancia del asunto, queremos repetir el post relativo a la posibilidad de reclamar a los bancos por los depósitos y pagos a cuenta del precio de compraventa, realizados en las compras sobre plano de vivienda cuando el promotor … Continue reading

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Court Order for termination of purchase contract and payment back of the deposit paid in the complex: ALMANZORA COUNTRY CLUB, developed by HUMA MEDITERRANEO S.L. Funds guarantee as per the Law 57/68 by BANKINTER. Court rules that the deadline on the bank guarantee it is not valid./ Resolución judicial del contrato de compraventa y devolución del depósito entregado en el complejo: ALMANZORA COUNTRY CLUB, de HUMA MEDITERRANEO S.L. Aval bancario según la Ley 57/68 otorgado por BANKINTER. El juzgado falla que la limitación de validez del aval no es válida.

We are pleased to inform that our firm has recently obtained positive Court Order result form Murcia Courts for another purchaser who bought a property on the complex mentioned above, the court has agreed with us and asked BANKINTER to … Continue reading

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Court Order for termination of purchase contract and payment back of the deposit paid in the complex: VALLE DE CALPE ( Urbanization EMPEDROLA) , developed by GARDEMA DEVELOPMENTS. Resolución judicial del contrato de compraventa y devolución del depósito entregado en el complejo: Urbanización Empedrola VALLE DE CALPE ( Alicante) de GARDEMA DEVELOPMENTS S.L.

We are pleased to inform that our firm has recently obtained positive Court Order result for another purchaser who bought a property on the complex known as VALLE DE CALPE – Urbanization Empedrola developed by the company GARDEMA DEVELPMENTS S.L. … Continue reading

Posted in CLAIM AGAISNT DEVELOPERS AND BUILDERS. RECLAMACIONES CONTRA PROMOTORES Y CONSTRUCTORES, COMPRAVENTA/PURCHASE/SALE. DERECHO INMOBILIARIO-REAL ESTATE LAW, COURT CASES - REAL ESTATE LEGAL ACTIONS, execution o bank guarantee and insurance policies | Tagged , , , , , , , , , , , , | Leave a comment

Banks cannot sidestep their liabilities when not issuing individual warranties.Responsibility and claims against banks endorsing a general warranty instead of an individual warranty to each purchaser when returning amounts paid by the purchaser to the developer as per the Law 57/1968. RECLAMACIÓN Y RESPONSABILIDAD DE LOS BANCOS QUE OTORGARON UN AVAL GENERAL Y NO UNO INDIVIDUAL A CADA COMPRADOR SEGÚN LA LEY 57/1968, EN LA DEVOLUCIÓN DE LAS CANTIDADES ENTREGADAS POR LOS COMPRADORES AL PROMOTOR.

As is known by most home buyers and investors in Spain, Law 57/1968, of July 27th concerns ‘the sums of money given in advance for the construction and sale of properties for living purposes’ despite being a very brief Law, … Continue reading

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Court Order for termination of purchase contract and payment back of the deposit paid in the complex: Urbanizacion Jardines de Montemar, developed by RUSHCLIFFE MANAGEMENT SERVICES S.L today known as Jardines de Montemar SL, being the insurance company HOUSTON CASUALITY COMPANY EUROPE SEGUROS Y REASEGUROS S.A. Resolución judicial del contrato de compraventa y devolución del depósito entregado en el complejo: Urbanización Jardines de Montemar, Benisa ( Alicante) de RUSHCLIFFE MANAGEMENT SERVICES S.L ahora Jardines de Montemar SL, siendo la aseguradora HOUSTON CASUALITY COMPANY EUROPE SEGUROS Y REASEGUROS S.A.

We are pleased to inform that our firm has recently obtained another great court result for another purchaser who bought a property on the complex known as Urbanizacion Jardines de Montemar, Benisa ( Alicante) in the Costa Blanca, a complex … Continue reading

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