Documents are missing for the first partial payment

... why should I pay "penalty interest" if the developer/notary fails to obtain and submit the documents on time? The above-mentioned documents must be provided by the developer/notary...

Because you screwed up!! You have entered into a legally binding contract with the bank. There are rights and obligations here. The bank informed you of the disbursement requirements in the contract. Why haven’t you been pestering the notary/land registry office and developer all these months?!! You are the one to blame. The notary and developer have absolutely nothing to do with your loan.

Enough said

Because you messed up!! You entered into a legally binding contract with the bank. There are rights and obligations here. The bank informed you of the conditions for disbursement in the contract. Why didn’t you bother the notary / land registry office and developer all these months?!! You are the one at fault. The notary and developer have zero to do with your loan.

Liked YPG’s comment and then threw out a comment like that.
How does that help the OP? Honestly, he asked a completely understandable and, to me (considering his situation), very calm and composed question. Personally, that would probably annoy anyone.
So why all the bashing all the time?
Not just in this thread... but it unfortunately seems somewhat exemplary for the HBF.
Take care. I’m out here.

Liked YPG's comment and then threw out such a remark.
How does that help the OP? Honestly, he asked a completely understandable and, for me (considering his situation), very calm and composed question. Personally, that would probably bother anyone.
So why all this bashing?
Not just in this thread... but unfortunately it seems somehow exemplary for the HBF.
Take care. I'm out here.

No, he then asked who pays what where besides him! Otherwise, again, such an attack against the evil banks.

As far as everything is clear.
But why is the developer already issuing invoices now?
That doesn't fit with the rest of the process.

Everything clear so far. But why is the developer already issuing invoices now? That doesn't fit with the rest of the process.

Why not? According to construction progress. Some developers lack liquidity and are moving faster.

Why not? According to construction progress. Some developers have no liquidity and move faster

That doesn't make any sense. The developer cannot provide the documents that buyers need for the payment but still wants money from the buyers. That is a vicious circle.