Tower B4 Paradise lake

Are you all still paying? Has anyone stopped post dated cheques ?

I have stopped

yes dana, I have stopped, but with NO post dated cheques

Stopping payments

Tuma
Have you received anything from them regarding defaulting for stopping payments. ? I spoke to them and they insisted as per the contract with sweethome this would be default

No even one Dirham

they bombard me with E.mails requesting payments, I told them no even one dirham, but again my situation is different, I didnt issue any cheques to them

Be Tough Dana!

dana,
As I know Sweethomes established escrow account, ask them to
replace the contract with a new contract links payments with construction progress and tell them that ARRA soon will issue a regulation forced develepors to link payments with construction progress. Be tough with them and get thier responce and inform us.
Good Luck.

Nads's picture

Dana - please read...

...comments on the other topic in B2-B9 paradise lakes folder called 'immediate paymnet required'
I have been having email conversations with Sweethomes on this very topic. It may help.

I have been trying to talk

I have been trying to talk to them to link payment to progress , they refuse.. how do we stop PDC?