Turn over issues
1 Turn over issues on Wed Jan 20, 2016 7:46 am
2 Re: Turn over issues on Wed Jan 20, 2016 3:37 pm
First, since you're abroad, execute a Special Power of Attorney to a relative who may be able to help you fix the papers. Have your relatirve go to the developer and ask for a refund of payments, cite reason. Chances are, your relative will not get it, but have the letter stamped "Received". What you want is documentation.
Next, He/she will have to go to HLURB on your behalf and file a written complaint against the developer for non-turn over of unit, and that you want a refund of payments. Your attorney-in-fact and the developer will meet at the HLURB with a lawyer-mediator. The lawyer will help your attorney-in-fact thresh out the issues, and if you are entitled to a refund, the most you can get is 50% of payments excluding penalties. If the unit is NOT built yet, or there is no structure, you CAN get 100% of payments, citing the reason above. If the building is built, and this is a change of mind, the most is 50%.
5 Re: Turn over issues on Thu Jan 21, 2016 12:04 am
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