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PostPosted: 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

    PostPosted: 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?

    PostPosted: 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

    PostPosted: Wed Oct 18, 2006 11:33 am
    by mcneilee
    still not recieved mine yet

    Still confused..

    PostPosted: 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

    PostPosted: 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?

    PostPosted: Fri Oct 20, 2006 11:14 am
    by ScottieDog
    My deposit hasn't been taken yet,

    Sd

    PostPosted: 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!

    PostPosted: 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

    PostPosted: 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?

    PostPosted: 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

    PostPosted: 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