Purchasing a timeshare can seem like an ideal opportunity for most of the people as you get your little piece of paradise and enjoy your holiday every year without worrying about searching for accommodation options. Well, most of you might think what is not to love in a timeshare but there are a lot actually- if you are one of the unlucky timeshare owners who finds that what they were promised is far from the experience. In such cases, the best option is to claim timeshare compensation. For claiming timeshare, it is extremely important to connect with a reputable legal firm like The Nordic Consulting Canary Islands. For many owners, buying and owning a timeshare can be a frustrating, disappointing and expensive business- they feel trapped in a contract that they no longer want to be a part of. If that is the case for you, it is time to seek the advice of timeshare legal specialist like Nordic Consulting Alex Farhoud.
If you are stuck in any such misleading timeshare, then it is highly advisable to research well and get in touch with a reputable legal firm that has been in business for several years handling timeshare compensation claims.
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Thinking about selling a property in Spain? If you are in a hurry, then you would be worried to know that it typically takes about 10 months to go through the process. The good news is that careful preparation and smart decisions can help speed up the closing process.
Is Now the Right Time to Sell Your Property in Spain? Well, this really depends on your motivation for selling and when you bought it. Property prices in Spain generally increase by 3.8% year on year. But this figure has huge variations country wide. In case, if you are not sure if this is the right time, it is better to consider renting it Choosing an Estate Agent A good starting point to ask for recommendations from family or friends who have used an estate agent in the past. Before choosing one, make sure you talk to a few before finalizing one. Look for someone with good experience of working on behalf of people who stay outside Spain. To keep your search simple, you can consider Nordic Consulting Canary Islands. The company has a team of experienced and knowledgeable real estate lawyers and agents who are great at representing foreign clients in Spain court. The Process The buyers and solicitors often end up covering and completing most of the work. After thorough due diligence checks, the lawyer will prepare a deposit contract for both the parties. Payment of a deposit which is typically 10% of the agreed sale price assures the commitment of each party to the deal and also specify the date of purchase. If the buyer pulls out, he/she will lose the deposit and if the seller does so, they might have to pay your would-be buyer twice amount of the deposit as way of compensation. The closing of transaction comes in the form of a meeting which will be attended by you, the buyer, their legal representative and the notary. If you are unable to be present, you will need to grant power of attorney to your lawyer so that they can act on your behalf. Consider consulting with Nordic Consulting Ali Farhoud in this regard. The notary will then inform the Land registry and send them a copy of the title deed. Be Prepared Having your documents in order can speed up the process and make it smooth You Will Need
The Excel Overseas Lodging Participation Program (“ELPP”) has been in serious trouble for quite some time. But before moving ahead, lets first understand what exactly is ELPP What is an ELPP? In this investment, purchasers were the existing Silverpoint customers and they were promised 6.05% fixed return annually, and that after few years they will get full repayment of their capital. They were told that they were investing in rental rights of below mentioned kind of resorts:
Appointment of Insolvency Practitioners The high court of the British Virgin Islands has appointed independent insolvency practitioners like Provisional Liquidators to Excel Overseas Holdings Limited. This actually follows from the recent liquidation of the company’s ultimate shareholder shareholder Landcastle Holdings Limited. It is also reported that Excel does not have sufficient funds at the moment to meet its payment obligations under the ELPP Scheme. It will be clarified soon whether Excel go for full liquidation or not. So those who have invested in it are in utter problem as their capital is stuck in an unprofitable deal. What Is the Solution? If you are someone who is stuck in the same problem, then you should consult with Nordic Consulting Ali Farhoud. His company has a team of experienced lawyers and agents, who have handled similar cases in the past. One of the lawyer Luis Sánchez Garcìa-Yanes is highly recommended because his team has vast experience in dealing with legal cases against Silverpoint and related companies and products.
If you are unsure about hiring the services, you can always check The Nordic Consulting Canary Islands Reviews, just to be sure about their quality, integrity and reliable services. Nordic Consulting Canary Islands is a Tenerife based company extending a wide range of legal and administrative services. The services are specifically designed to serve Scandinavian and British families who either own property in Spain or have other investments. Nordic Consulting Ali Farhoud ensures to cover all kind of legal, administrative and taxation services under one roof for your ease, convenience and peace of mind. Our dependable services are designed to keep in mind the concerns and issues of foreign investors, and our expertise enable us to represent their case effortlessly in Spain court without any trouble. Some of our services include: Legal services
With such a wide range of services and team of expert tax advisory specialists, you can be sure to get adequate support and guidance in these areas. Apart from our professional and dedicated services, we always go an extra mile to fulfil client’s expectations. We are not only well versed with the local laws but strive to provide you all the needed information that will help you to make an informed investment decision.
We believe in nurturing long term relationships with our clients by extending consistent support, professional and dedicated services. Moreover, we distinguish ourselves by quality of services and experience in representing foreign clients in Spain in both local and national courts. All the above factors have contributed in our growing number of clients especially from UK and Ireland. So if you want any of the above services, we are always here to help! |
AuthorAli Farhoud is the founder of The Nordic Consulting Canary Islands which is known for offering a wide range of services including legal services, real estate services, administrative services, tax declaration and investment advice. If you are stuck in any problematic investment in Canary Island, then you must contact Ali Farhoud Tenerife. Categories |