problems with developer

Legal questions answered by Cyprus property lawyer Louise Zambartas

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stu
Posts: 1
Joined: 24 Jan 2009 08:35

problems with developer

Post by stu »

Dear sir ,could you shed some light on our problem,without to much detail i will try to explain.1/property 4years late and still not finished.2/all moneys paid except 3,500 euros,he would not except final payment because we cant agree a figure for extra work carried out, we agreed verbaly 4years ago a figure of 500cyprus,now he wants 30,000 euros. he has informed us he has cancelled our contract and i know for sure he is trying to sell our house.please where do we stand it now seems he can do what he likes. yours faithfully r.stuart
Nigel Howarth
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Posts: 3064
Joined: 24 Oct 2007 12:38
Location: Erimi, Limassol, Cyprus
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Re: problems with developer

Post by Nigel Howarth »

Hello Stuart and welcome to the forum,

I suggest that you contact Louise directly through her website at http://www.cyprusproperty-lawyer.co.uk/ or by phone on 00357 25373734

Firstly, you should look through your Contract of Sale to check that you haven't failed to meet any of your obligations contained therein. Many people try to withhold money until certain issues have been resolved, but unless your contract allows you to do this, you could find yourself in breach.

If you used a lawyer who was introduced to you by the vendor, then almost certainly your contract will be weighed in favour of the vendor. And although you may consider your contract to be unfair, it is a legal document and you are legally obliged to fulfil your side of the deal even (in the same way that the developer is obliged to keep to his side of the bargain).

Your developer cannot cancel your contract of sale - in order to do so he needs to get your agreement and signature. But having said that, if you used your developer's 'pet' lawyer and you gave him/her power of attorney to act on your behalf, then there is a possibility that that lawyer may have withdrawn your contract from the Land Registry (assuming they lodged it there in the first place).

I also suggest that you read the article "Property awarded to couple after legal battle" that you'll find at http://www.news.cyprus-property-buyers. ... e/id=00691

and also the article written by Louise "Top 10 tips on what to do on discovering problems with your new property" that you'll find at http://www.news.cyprus-property-buyers. ... y/id=00439 which also contains some relevant advice and information

As suggested earlier, you need to contact Louise without delay.

Regards,
Nigel Howarth
Independent information & advice for Cyprus property buyers
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