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Marina Mokotow Poland
Huw RE: Marina Mokotow Poland
Posted: Jan 28 08 20:17
Total Posts: 167
Users Rating:

As a result of these posts I asked the lawyer myself as I hadn't heard anything. This was the response:

"As I informed all Marina Mokotow clients, it was not possible to execute the
final purchase agreement for the apartment and the parking place at one
time, since at the time we purchased the apartments, the garage building was
not yet registered at the court, what is required under Polish law in order
to sell the shares in the co-ownership area (i.e. sell the parking place).
Therefore, we executed the final purchase agreement of the apartment and the
promise on sale agreement for the parking place (in one deed), upon which
the developer undertook to sell the share in the garage building (i.e.
parking place) as soon as the garage building is registered.

The court proceedings to register the garage property took over 10 months
(after the appropriate application of the developer was submitted).

On Friday I was informed by the developer the land and mortgage book has
been already established and we can enter into the final agreement on
purchasing the parking place.

You will receive tomorrow all the details of the transaction, request for
paying the notary's fee for the parking place and my fee for this additional service.

Should you need any further information please do not hesitate to contact
me."

So it would seem that it's the developer's oversight not to have registered the parking spaces and we're all paying for it.

All quiet from PS on this one. Any comments guys as it appears we're all getting held over a barrel here?

Huw

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andrewk RE: Marina Mokotow Poland
Posted: Jan 29 08 06:24
Total Posts: 2
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I thought you might like to view the link below

http: / /www .doingbusiness .org /ExploreTopics /RegisteringProperty /Details .aspx?economyid=154

I am also interested in PS comments on this subject.

The lawyers do not seem to take into account that the documents they need to prepare for all of us are essentially the same, except for the address's and purchase price. I cannot therefore understand how they can justify their fees. I have been quoted over 900PLN for two car parking spaces. The Notary costs are PLN2351. The link above shows a sliding scale of prices according to cost of property. (I hope they are only accounting for the cost of the car parking space and not the whole property again). I have asked my solicitor this but have not heard a reply for a week.

Andrew K

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Admin Member Image Deborah Le Goff (PS) RE: Marina Mokotow Poland
Posted: Feb 12 08 09:32
Total Posts: 40
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Dear All

I appreciate everyone's frustration with the additional cost but unfortunately in this situation the lawyer's hands are tied when it comes to notary costs. The costs are calculated by the notary based on the price of the unit and/or parking space.

As you will see in our deals we now obtain an estimated cost from the notary and place this within our investment report spreadsheets. Yet there is always the possibility that these prices may increase.

Kindes regards
Debbie

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