Questions & Answers
Is it possible to get refund of purchased property from developer if there is no SPA?
Hello!
Last month I found an apartment that is still under construction with a great payment plan. I decided to buy it!
There were several calls between me and the developer and we agreed that I transfer the booking fee.
Note: When I sent the amount no SPA was signed and I haven’t even received a SPA. Nothing has been signed! Neither from me nor from them! The amount is about $18.500.
My passport was invalid too and I needed to make a new one. So they could not register me at DLD also.
Now, I have some problems with continuing the payments and want to cancel the payment plan and asked for a refund. They haven’t given me any answer yet and been telling me to wait for next week, wait for next Friday and so on.
What can I do to receive a refund?
Do I have a right to receive the full amount back as there is no signature made by me & no registration at DLD?
Thanks
Yes,
It is permissible to recover the amount by giving them a legal warning and then filing a real estate claim for assistance.
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