Money Back

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A homebuyer who in 2004 made a €20,000 deposit for an off-plan home in Marbella that was never delivered, because the developer went bankrupt, has won his money back. A Málaga court has ordered Banco Popular to return his deposit, despite it not having been covered by an individual ‘aval’ guarantee in his name, ruling that the general ‘aval’ for the development is sufficient.

 

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