This was recently posted by Roger Done who is acting on behalf of clients to sort out illegal properties for various reasons.
Its clear that Condrey has left an enormous mess and serious expense for his clients who bought in good faith from him.
Make what you will of it but he is no " likeable rascal " as knowall said.
GORDON CONDREY
This seems to be the most complicated situation. From information I have Gordon has ownership of all the land in Los Menchones and Calle Zoraida.
However the ownership has not been registered. When he registers the land there will be a tax of 8% to pay, which I estimate will be equivalent to around 2000 euros per plot.
When the Project of Parcelisation is prepared it will be necessary to cede 10% to the Town Hall.
I think there is some land to cede in Los Menchones (but not enough) and none in Calle Zoraida.
This will therefore mean there will have to be a financial compensation estimated around 2000 euros per plot.
This is the cost to the builder, but creates a problem if he does not have the money, because he is no longer trading.
I am also informed that, instead of the clients paying 1.5% to register the house and land combined, they will have to register the land separately and pay 8% tax., adding around 1500 euros to the tax.
I am trying to clarify this issue.
There are also some other issues which will have to be clarified:-
Some houses have been resold, some on private contracts and some with escrituras!.
This raised legal and financial issues to be clarafied.
