due diligence
Tony you say you have not had your own due diligence done. You earlier said you were not using seddons yet you quote "I have read the DD from Anthony Seddon & Co. As they are legally liable to their clients and are a UK based law firm, all of their information must be verified etc by themselves. I find it amusing how some people think that lawyers can just go out and blatantly lie". If you are not instructing Seddons, have you seen the disclaimer on the front of the due diligence????? you havent got a leg to stand with any information contained within that document and should be checking out its contents yourself. It also adds that clients of Anthony Seddons will be forwarded further information at a later date (will you get this???)
"The DD document covers, the title of the land" - so can you read arabic, is this what it really says??? - and here I am not making out its a fake document but surely is something people want checked.
"As a side point too, a couple of people have commented on AS not knowing Egyptian law because of the contracts, why don’t you try ringing them and asking them for a contract? I did this and they haven’t even sent any contracts to any of their clients yet so what are you basing this on?" We were told by IPI that their UK solicitor drafted all the contracts. What we found disturbing was that IPI insisted the contract did not need to be in arabic since all issues would be fought in a Dutch Court of Law - The Contract said it would be fought in an Egyptian Court of Law!!! Ok yes they have now changed this but only at our request.
With regard to Seddons and the problems we have heard people are having you say "I have not used their services before although I have spoken to Anthony Seddon on the phone before. I don’t remember seeing anyone posting problems on the forums during Zafarana with them but its difficult for me to comment on this" - I have been told by IPI that 95% of purchasers on Zafarana never bothered using Seddons or taking any legal advice at all.
Tony this is not on attack on you but this is a forum we have been using to ask questions and view of thoughts with each other. At no point, I believe has anyone come on here and said its a crap resort, IPI are going to go bankrupt or fail to deliver or anything of the sort, people have just raised issues and discussed them, which I feel we have every right to do. I find it weird to be honest that you dont wish us to do that. I have found everything other people have raised helpful and have been glad for them reminding me to look in to things I had not thought of.
Keep the forum going everyone, it makes for interested reading and is helpful to all legit purchasers. OK we dont have to listen to everything everyone says but let us as individuals be the judge of what we want to take in and what we do not want to take in.
Good luck
Lou
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