Questions & Answers
How to claim compensation from a developer for delay in handover
Greetings,
The property was supposed to be delivered in June 2018 and is still not delivered. If they actually deliver by June 2021, what are my rights to the compensation?
At the time of purchase, it was a 50-50 payment plan. I paid the 50% at the time of purchase and in September 2019 they came back to me with an offer of a discount of 16% in the final settlement amount.
I accepted and paid the remaining amount as well. Therefore as of September 2019, I have paid 100% of the property value.
With all the financial challenges the delay has brought me into, I want to know what compensation is my right as I am assuming they will not be offering anything or if they do they might offer some waiver in service charges (for 1 or 2 years).
And I am worried if they give this waiver of service charges to everyone, will the property be actually taken care of or no?
Dear Questioner,
After reviewing your brief, it is evident that you have the right to claim the compensation, however, we need to review the agreement to ascertain our advice.
Kindly send us a copy of the documents and we can schedule a meeting to discuss further on the subject.
Kindly contact us directly on the phone or by email for a detailed discussion on your issue.
Best regards,
Mostafa AL Saeed
Dear Questioner,
Pursuant to the query, you have the right to claim compensation for the delayed project if there is a delay.
We need to see your contract to give you proper advice. Usually, in the contract, there might have a clause that the developer has the right to delay the project from 1 year of the anticipated date of delivery.
Kindly contact us on the phone.
Thank you.
Dear Questioner,
You have the right to claim compensation from the developer for the delay caused as the developer is obliged to deliver the property on the dates mentioned in the Sale and Purchase Agreement.
Further, we need to review the Sale and Purchase Agreement to give you appropriate legal advice.
Please contact us on the phone or write to us an email for detailed discussion and assistance.
Thanks
We need to see your contract to give you proper advice. The contract there might include a clause of delays and furthermore to compensations or refunds.
Send us by email to review.
Dear questioner,
Compensation is your legal right as the developer has defaulted on its basic duties by delaying the handover of the property.
Kindly contact us on the phone or by email directly for a detailed discussion.
