dreamteam
2012-10-22 20:21:31
- #1
Hello dreamers of homeownership and those who are already living their dream!
As for us - we would like to know whether the termination with the company ... is effective in our special case.
We, like hundreds of other builders, have been unfortunate to find that the company is bankrupt (or not) or insolvent (or not). In any case, we want to exit the contract and build with someone else. We have sent an immediate extraordinary termination to the company. So far, we have only received confirmation that our letter is being processed.
We could not state a reason for termination itself because we are at the following stage:
We transferred the first two installments to the construction company (around €23,000) and have only received the construction documents from them (these are currently with the building authority for approval). We have already accepted that we will not get the money back (or at least part of it – the construction documents are definitely not worth €23,000). We only care about a legally correct separation from the construction company. According to the Building Code, the termination seems to be in order, the company has received money from us (even more than the services rendered), and therefore it is not allowed to claim damages. No construction schedule has been created for us, and no construction companies have been designated to work for us. So they prepared construction documents for us, and we paid a lot for those – end of story.
What do you think – is that correct?
As for us - we would like to know whether the termination with the company ... is effective in our special case.
We, like hundreds of other builders, have been unfortunate to find that the company is bankrupt (or not) or insolvent (or not). In any case, we want to exit the contract and build with someone else. We have sent an immediate extraordinary termination to the company. So far, we have only received confirmation that our letter is being processed.
We could not state a reason for termination itself because we are at the following stage:
We transferred the first two installments to the construction company (around €23,000) and have only received the construction documents from them (these are currently with the building authority for approval). We have already accepted that we will not get the money back (or at least part of it – the construction documents are definitely not worth €23,000). We only care about a legally correct separation from the construction company. According to the Building Code, the termination seems to be in order, the company has received money from us (even more than the services rendered), and therefore it is not allowed to claim damages. No construction schedule has been created for us, and no construction companies have been designated to work for us. So they prepared construction documents for us, and we paid a lot for those – end of story.
What do you think – is that correct?