Quote:
Originally Posted by Kimo
I got a reply from Select Property. Well the usual political answer that you get when you ask about sticking points on a contract. Not satisfied but will sign and sell as soon as I get more than 50% profit margin, hopefully before completion date.
Kimo  |
That is pretty much what everyone is doing. There is an element of "faith" when buying in UAE.
I have bought off-plan in another country and it is normal to invole a solicitor to complete deal, but in the UAE we dont even use a solicitor to check the contract.
Anyway, as I said, I was pleased to see any kind of penalty clause at all!