CC Lawyers are experts in enforcing bank guarantees in Spain. If your Spanish property was never completed or if the developer never obtained the Occupancy Permit (Licencia de Primera Ocupación) you can recover the deposits paid by enforcing your bank guarantee. The bank guarantee is a document issued by a bank or an insurance company that secures the amounts you pay to the developer. Normally, the bank guarantee expires once the developer gets the Occupancy Permits (Licencia de Primera Ocupación) for the property.

Some banks issue the guarantees with expiration date and they have to be renewed until you have your property. You have to make sure that you have the original document issued by the bank guaranteeing your deposits. If you have this bank guarantee, please contact us and we will help you with the reimbursement of your deposits.