Do you have a proper BG ?
Jun 13th 2008 | 8:08 pm
#1
Thread Starter
Just Joined
Joined: Apr 2008
Posts: 21
Do you have a proper BG ?
Be careful with some developers and Banks producing useless BGs, usually they show you a copy of a bank certificate which is general for the whole development.
If you have a BG please check whether is referred :
1º The name of the guaranteed (beneficiary) Your name and NIE or passport number
2º The amount guaranteed. The exact amount you have paid plus 6% (interests)
3º The deadline Must be until the FLO is granted
4º How can I execute the BG. Check the words "a primer requerimiento". If you don't have these words you have to go to Court in order to execute the BG
5º What is really covering the BG
If you don't have a BG with all this elements you are not protected against bankruptcies or endless developments
Don't believe in Agents Lawyers etc, check these points personally even if you don't understand spanish and you'll realise whether or not you have a valid BG
If you have a BG please check whether is referred :
1º The name of the guaranteed (beneficiary) Your name and NIE or passport number
2º The amount guaranteed. The exact amount you have paid plus 6% (interests)
3º The deadline Must be until the FLO is granted
4º How can I execute the BG. Check the words "a primer requerimiento". If you don't have these words you have to go to Court in order to execute the BG
5º What is really covering the BG
If you don't have a BG with all this elements you are not protected against bankruptcies or endless developments
Don't believe in Agents Lawyers etc, check these points personally even if you don't understand spanish and you'll realise whether or not you have a valid BG
Jun 13th 2008 | 8:21 pm
#2
Forum Regular
Joined: Dec 2007
Posts: 130
From: L'Alqueria de la Comtessa, Valencia May 2008
Re: Do you have a proper BG ?
Be careful with some developers and Banks producing useless BGs, usually they show you a copy of a bank certificate which is general for the whole development.
If you have a BG please check whether is referred :
1º The name of the guaranteed (beneficiary) Your name and NIE or passport number
2º The amount guaranteed. The exact amount you have paid plus 6% (interests)
3º The deadline Must be until the FLO is granted
4º How can I execute the BG. Check the words "a primer requerimiento". If you don't have these words you have to go to Court in order to execute the BG
5º What is really covering the BG
If you don't have a BG with all this elements you are not protected against bankruptcies or endless developments
Don't believe in Agents Lawyers etc, check these points personally even if you don't understand spanish and you'll realise whether or not you have a valid BG
If you have a BG please check whether is referred :
1º The name of the guaranteed (beneficiary) Your name and NIE or passport number
2º The amount guaranteed. The exact amount you have paid plus 6% (interests)
3º The deadline Must be until the FLO is granted
4º How can I execute the BG. Check the words "a primer requerimiento". If you don't have these words you have to go to Court in order to execute the BG
5º What is really covering the BG
If you don't have a BG with all this elements you are not protected against bankruptcies or endless developments
Don't believe in Agents Lawyers etc, check these points personally even if you don't understand spanish and you'll realise whether or not you have a valid BG
What's a BG ??? I know what an MG is, but a BG ?????
Jun 13th 2008 | 8:42 pm
#3
Lost in BE Cyberspace
Joined: Jun 2005
Posts: 6,912
From: Puente Esuri
Re: Do you have a proper BG ?
Be careful with some developers and Banks producing useless BGs, usually they show you a copy of a bank certificate which is general for the whole development.
If you have a BG please check whether is referred :
1º The name of the guaranteed (beneficiary) Your name and NIE or passport number
2º The amount guaranteed. The exact amount you have paid plus 6% (interests)
3º The deadline Must be until the FLO is granted
4º How can I execute the BG. Check the words "a primer requerimiento". If you don't have these words you have to go to Court in order to execute the BG
5º What is really covering the BG
If you don't have a BG with all this elements you are not protected against bankruptcies or endless developments
Don't believe in Agents Lawyers etc, check these points personally even if you don't understand spanish and you'll realise whether or not you have a valid BG
If you have a BG please check whether is referred :
1º The name of the guaranteed (beneficiary) Your name and NIE or passport number
2º The amount guaranteed. The exact amount you have paid plus 6% (interests)
3º The deadline Must be until the FLO is granted
4º How can I execute the BG. Check the words "a primer requerimiento". If you don't have these words you have to go to Court in order to execute the BG
5º What is really covering the BG
If you don't have a BG with all this elements you are not protected against bankruptcies or endless developments
Don't believe in Agents Lawyers etc, check these points personally even if you don't understand spanish and you'll realise whether or not you have a valid BG
Jun 13th 2008 | 9:21 pm
#6
BE Forum Addict
Joined: Apr 2008
Posts: 3,178
Re: Do you have a proper BG ?
Be careful with some developers and Banks producing useless BGs, usually they show you a copy of a bank certificate which is general for the whole development.
If you have a BG please check whether is referred :
1º The name of the guaranteed (beneficiary) Your name and NIE or passport number
2º The amount guaranteed. The exact amount you have paid plus 6% (interests)
3º The deadline Must be until the FLO is granted
4º How can I execute the BG. Check the words "a primer requerimiento". If you don't have these words you have to go to Court in order to execute the BG
5º What is really covering the BG
If you don't have a BG with all this elements you are not protected against bankruptcies or endless developments
Don't believe in Agents Lawyers etc, check these points personally even if you don't understand spanish and you'll realise whether or not you have a valid BG
If you have a BG please check whether is referred :
1º The name of the guaranteed (beneficiary) Your name and NIE or passport number
2º The amount guaranteed. The exact amount you have paid plus 6% (interests)
3º The deadline Must be until the FLO is granted
4º How can I execute the BG. Check the words "a primer requerimiento". If you don't have these words you have to go to Court in order to execute the BG
5º What is really covering the BG
If you don't have a BG with all this elements you are not protected against bankruptcies or endless developments
Don't believe in Agents Lawyers etc, check these points personally even if you don't understand spanish and you'll realise whether or not you have a valid BG
Anyone using an estate agents or developers suggested lawyer is setting them self up for big trouble, better to use one from well out of town as well ,
Rgds
Rotor
