Normal practice that works are carried out during konvenju – MDA
The Malta Developers Association notes that an issue has arisen in the media about works being carried out on a recently developed property, in particular as to who is responsible for such works.
The MDA wishes to point out that it is normal practice for developers to allow purchasers to carry out additional works once a promise of sale (konvenju) has been signed.
Promises of sale (konvenji) are legally binding documents that are officially registered with the Commissioner of Inland Revenue.
- November 19, 2014 No comments Posted in: Business
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