First thing is what does your agent and/or lawyer say?
Hiya , My agent says that according to the agreement i have to send the money. I have nt spoken to the lawyer yet as i thought things were being done in a friendly manner. I did nt pursue the compensation for the sake of a friendly relationship with the builder.
if you have a lawyer speak with them, as I assume that they have your power of attorney and would be sorting the tapu and also assume it was your lawyer who put in the compensation clause.
I`ve not knowingly given anyone my power of attorney and hope its still in my hands. It looks like i`ll have to speak with the lawyer if they won`t be reasonable. The remaining money seems to be the best bargaining tool i have. Have you come across this before and am i right to be wary? Thanks in advance.
Sorry , but its not clear, have you got a Turkish lawyer?
Yes, in Didim sorted by the estate agent when we purchased.
let us know how you get on
Thanks for the advice i`ll let you know.
I have not purchased in Turkey, but have you given any thought to holding back a retainer until completion and snagging work has been completed?
I` ve done that but the builder is now threatening me with an interest charge if i don`t pay.
Handing over the full amount before the apartment is completed sounds like a receipe for disaster! What comeback do you have if he does not complete or there are major snagging problems, are you buying in a complex? what are others doing? Is the solicitor part of the agency or independant?
Good Luck!
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