View Single Post
  #25 (permalink)  
Old 24th June 2008, 06:50 PM
Big Pete Big Pete is offline
Banned
 
Join Date: Aug 2007
Posts: 539
Rep Power: 0
Big Pete will become famous soon enoughBig Pete will become famous soon enough
Default

Quote:
Originally Posted by gyqn75 View Post
Hi all,

Guess what is happening to us! We purchased in Murcia province and are trying to get our lawyer to provide an audit trail of the costs. An email was received and the deductions were as expected until he produced an entry saying "3% Retention". We asked for a written explanation but he will not reply in writing, only saying he needs to meet us to explain the Spanish system. Well the costs were all explained before we started the process and nothing like this was mentioned. The seller has had 3% retained for CGT from the money paid over. Am I right in smelling something off here?
No that is the normal , They hold that money from the seller to ensure that the due money is paid ..

So dont worry its just the Spanish way the same happened on my purchase the little German Guy had an ammount with held to ensure once hes back in Germany he doesnt hide ..

Reply With Quote