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Old 17-09-07, 06:23 PM   #1 (permalink)
mintmagic
Junior Member
 
Join Date: Aug 2007
Posts: 14
Developers going bust

Hello chaps,

As in the UK, when a developer goes bust, there is a solicitor that takes care of the legal paperwork and hopefully gets some compensation for the investor.

Is there any such thing in morocco? What happens if a developer gets bust during construction and does not go ahead? Can investors get compensation? I'd like to understand the legalities of purchasing and securities in a bit more detail.

Anyone have any clues?
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