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Latin America Investment News on Viva Tropical

Panama Starts Blacklist of Property Developers

Article Summary:

Panama’s National Union of Consumers and Users is to keep a registry of complaints and denouncements against developers and operators of real estate projects.

Photo Credit: Prensa Panama

Original Article Text From La Prensa via Google Translate :

Create a Blacklist of Irresponsible Realtor

A record of real estate companies “not recommended”, not complying with buyers, aims to create a forum that have called for today consumer organizations.

The National Union of Consumers and Users of the Republic of Panama (Uncurepa) and the Panamanian Institute of Law of Consumers and Users (Ipadecu) today held a forum entitled “Legal security, decent housing” event aims to bring together dozens of consumers who have abused and rape by the estate.

Both organizations will create a space on their websites for the public to vote for the promoters with whom they have had a good or bad experience. With this information, create a list that will be available to new buyers seeking references.

The forum also will introduce participants to all the legal tools that can be counted on to deal with real estate issues.

The event will be held today from 6:30 pm until 8:30 pm in the library Exedra Books.

Official reports indicate that from May 2006 to June 2013 there have been 3000 277 complaints against estate, amounting to 234 million exceed $ 167,000.

The breach of contract and warranty, as well as claims for non-return of fertilizers, are the main reasons why buyers complain.

Link to Original Article:

From La Prensa

Latin America Investment News on Viva Tropical