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Posted:
Wed Oct 18, 2006 11:14 am
by ScottieDog
Sorry - wasn't meant to be loaded.
I have seen the following on an agents website:
20% deposit payable upon private contract, less reservation fee
Suggest the contracts are not bound by law, but are a private arrangement between you and the developer.....
Interesting,
SD
Posted:
Wed Oct 18, 2006 11:28 am
by romablade1889
Hmm. Interesting. Definately a cause to get the solicitor involved.
I need to get my backside in gear and find a good one in case I decide to go ahead... I could use my usual solicitor but to be honest would prefer to use one with intimate knowledge of the Moroccan system..
Who are you using?
Posted:
Wed Oct 18, 2006 11:32 am
by ScottieDog
Not quite appointed one yet. Two options:
Grace and Co
Anthony Seddon
Thought Anthony Seddon were going to work out but they seem to have gone quiet on me (shame considering I'm a potential customer!)
I think others have had good experience with Grace and Co for Playa Vista.
I'mm make my decision by the end of the week,
SD
Posted:
Wed Oct 18, 2006 11:33 am
by mcneilee
still not recieved mine yet
Still confused..
Posted:
Wed Oct 18, 2006 9:58 pm
by ScottieDog
I'm still a bit confused as to what this contract is...it's described as a "SALE AGREEMENT"....
Anyone any comments?
Signing the contract
Posted:
Fri Oct 20, 2006 9:49 am
by peejay
Bearing in mind what has been said on this site about plans being changed and not necessarily knowing where our apartments will be on the new plans, is anyone/everyone who has received contracts intending to sign and return them by the end of the month as requested? I am a bit concerned about the timescale, having only received our contract this week.
Also, has anyone yet had their reservation cheque cashed?
Posted:
Fri Oct 20, 2006 11:14 am
by ScottieDog
My deposit hasn't been taken yet,
Sd
Posted:
Fri Oct 20, 2006 5:32 pm
by Pinky
I believe that the reservation cheques wont be cashed until they receive your contract back signed along with the deposit! The time span for the end of the month is optimistic I think!! Especially knowing how long solicitors take. Im using CBA law, who now have a resident expert Moroccan chap working for them now!
Posted:
Sat Oct 21, 2006 2:07 pm
by mcneilee
i contacted d lee he thinks its on hold till they sort out the plans so end of next month i think is more realalistic
Posted:
Sat Oct 21, 2006 3:26 pm
by romablade1889
I think they're pushing it wanting the contracts back before the end of the month. Mine is still being reviewed by my Agent and as such I haven't received it yet.
Also, I'm not signing anything until my solicitor has seen it...
I've got three quotes for a solicitor (from the two ScottieDog recommended and one from John Howells in Covent Garden). They're all around th £800-900 mark. Anyone got a more competitive quote?
Posted:
Mon Oct 23, 2006 8:51 am
by ScottieDog
Nope - that's about the quotes I'm getting (well quote actually). If you've got two quotes from the two names I passed on then you're doing better than me! After good early exchanges I can't get one of the solicitors to reply to phone calls and emails!
I'm appointing my solictitor today
SD
Posted:
Mon Oct 23, 2006 1:14 pm
by mcneilee
i'm starting to think this is a ploy to slit buyer's so fadesa can keep all the power in how they do things. than having buyers group together & having a collective say in contracts & how things are done . rather than just their incompatance which is what i thought before