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Dear Sir, Never give a PoA to the developer's lawyer! Simply the same legal team can be your opponent one day, and in the event you sue them they can stop your law suit via the PoA! Please cancel the PoA you've issued in the notary public office at the earliest convenience, and send a...

A: Excuse me, but why are you saying that? Did you ever read even one of my posts?! I NEVER encourage / discourage anyone on a project or another, because the investment choice is yours. I check legal documents, and those are in my possession right now, and if they're right I say that they are...

All the best, Zeiad Yehia Barrister

Thanks for the post Alan. My principles are with my clients as a first priority, if not only. Customer satisfaction is something I am sure will matter more to agents or the like, but when it comes to me, I just want to sort out my clients' issues and that's it. I respect people who keep...

Hello, Until the first post I have checked most of them already. Now they've all been checked, and the problem, as explained, is not with the due diligence, but is about IPI not being the legitimate owner. The legitimate owner has got all its papers in place, but the problem is that IPI acted...

Further info: The developer is constructing a new phase, a complete new phase. Of course the aforementioned process is not touching on the already sold properties. The subject-matter here is new properties to be constructed in favour of the bank. As a fund-based company it has its capital...

Dear All, I have been investigating the Iraida issue very closely for a while now, and I have information that I am sure will matter to everyone, as I got this information from the authenticated sources, but the bottom-line is that the info I am about to write here is exactly the current...

Dear Lou, Glad to see you here. :) And I am thankful for your always constructive contributions. All the best, Zeiad Yehia Barrister

Dear Sir, I am glad to see you again after these years. I believe you were here when it all happened. I have actually warned everyone at the time, refused to have clients purchasing there, and falsified the due diligence report which already existed there. I still have the governmental...

Dear Sir, I am expecting the due diligence documents in a few days from the legal department of El Mohannad Company; the Egyptian developer. I will be able to answer you then based on the facts I will have. All the best, Zeiad Yehia Barrister

Dear rfrog, Please be informed that Sharm el Sheikh is an incredibly beautiful place, both for the scenes and the investment potential, but here are the points you need to address in prior to involvement in a purchase, regardless of being in that project or another: Due diligence is the...

Hi Londontommy, In theory you're 100% right, but in practice the developer claims that IPI owes them over 60,000,000 Euros. They say that the money they've agreed upon with IPI was partly received, and by partly they mean a small amount. IPI will have a different version of the story I am...

You're really welcome. All the best, Zeiad Yehia Barrister

You are welcome. I can tell you now comfortably that you're having no serious problems as your children are not exactly 'children' in the eyes of law, at all. :) Heirs of every deceased person in that case will inherit normally according to the previously explained method, with no...

Thanks for the question. Firstly I'd like to draw your kind attention to the fact that people under 21 years of age, are prohibited by law to be involved in any kind of legal transactions which imply exchanging benefits i.e. sale. You said in your post that your 'children' are written in...

The lawyer and the person in me, both, tell you yes there is! Absolutely!!! Zeiad

You are truly welcome. All the best, Zeiad Yehia Barrister

Hi Alan, This is so right on usufruct basis, whilst on freehold basis it cannot, for the aforementioned reasons, and subsequently if someone, a lawyer or another, asked someone later for additional fees to write a 'will' this would be simply unneeded money for fake work, to put it in the most...

Hi Alan, Thanks a lot. I hope you're in best condition. :) I don't think these rules will change, because unfortunately they belong to Family Law, which is the sole branch of Egyptian Laws based on Islamic law, which I completely believe shall be separated from modern-life laws, but I know...

Thanks a lot. :-) Zeiad