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Getting money owed back from builders

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  • Getting money owed back from builders


  • #2
    In response to your question, we would like to start saying that in order to give an accurate response, the purchase contract should be checked to see whether there is a clause that clearly states that you are allowed to claim the cancelation of the contract and have all the amounts paid back six months after completion date and without being penalized for that.

    If that is the case or if there is an agreement on the possible penalty to be paid, the buyer can then formally apply for the cancelation of the contract, being this the only way to recover the amounts paid as price for the purchase of the property except penalties.

    We hope we have cleared your concerns and remain at your entire disposal to any matter you require.

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