Strings attached to a Tenerife property in Spain caused big trouble.

Here's how the story of the Tenerife property goes:

• A very elderly lady sold friends of mine (Let's call them the Millers) a luxury villa.
• The elderly lady did not reveal all of the strings attached to it, before selling the Tenerife property.
• The home would only be used by the buyers as a holiday home in Tenerife. Hence, they would never live on the island all the time.
• The old lady knew this. She had called the buyers overseas several times asking when they would be back.

Usufruct was the string accepted.

• One of the conditions in the deed of sales was that the old lady could
  stay on (usufruct) in the Tenerife property.
• No word about caring by the buyers was taken down in the contract.
• My friends insist that this had never ever been mentioned by the old lady, verbally.

Personal caring not part of property deal:

• It would have been impossible for the Millers to look after her on a permanent basis.
• Also, they were neither qualified nor physically able for personal care of elderly people. The old lady knew all that.

Property with a catch:

• The villa came as a bargain.
  The fact that the elderly lady would stay on living in the estate was one reason to justify the low sale's price. The other was friendship.

Why is it that people don't ask themselves:"What's the catch?" because, this was all too good to be true.

After buying the property, my friends were looking forward to start renovating the house to prevent deteriorating.

One year later:

• 12 months later, long time after the deed of sale had been done my friends returned to Tenerife to spend winter on the island. They had just about arrived when the elderly lady became frail.
• Now, she insisted that my friends look after her 24 hours a day. No, she did not want them to arrange for a "professional carer".

A court case:

• The old lady went to court saying that my friends had tricked her to get the Tenerife property cheap. She wanted her villa back.

Just figure... Now, It will cost megabucks for at least one of the parties. Who has committed property "fraud" in this case ? I leave it to you to decide.

Please, compare to real premeditated

premeditated property fraud...

Uncertainty and worries:

Anyway, "spoiling other people's peace of mind, holidays and, causing sleepless nights is bad enough.
Making them start to hate a holiday home sounds far fetched, but it got as bad as that.

Even worse, the man kept on saying that he is not liking Tenerife much any more.
That's how the human mind may be influenced.

My lady friend was starting to wonder about her philosophy about people. She is the kind that thrives on human contact. It's important to her to be loved by others. Now, there's a pending Court case.

Elderly lady not trustworthy:

The elderly lady contradicted herself too often even saying that the buyers had to go to their home country to apply for mortgage.

They never needed one and, she knew that.

She also stated several other obvious, untrue facts.

My friends were winning the case regarding this Tenerife property.

However, the elderly lady went into appeal.

The truth will win again, for sure, but, it will also cost my friends a fortune in lawyers fees.

Appeal lost by elderly lady:

In fact, in March 2008 it did but what had happened in the meantime is that the old lady locked up the villa and moved into an old age home. Being close to 100 years old chances that she will not stay anywhere for long are given. But, nobody will know when the Tenerife property will be free to be taken by the new owners.

Not even the consul who represents the elderly lady will hear of her death.

Usufruct taking its toll:

No law permits the new title deed holders to do anything because, the elderly lady has 'usufruct' (the right of the property which allows to return to it although she most probably couldn't.) When will a solicitor assist most?
Of course, once real criminal property fraud in Tenerife has been committed... Have you heard of any Tenerife fraud cases?

Here, is a fraud case by Tenerife News which was published, a long time ago.

There are so many more incredible facts to this story. Unfortunately, I could not state them. Too much said might reveal identities of the parties concerned.

So what might have been a good step to prevent all this?

Something should have made conditions more clear in the sale's contract.

By the way, no Tenerife real estate agent was involved in this deal.

Please, go from Tenerife property to Tenerife property fraud to look out for when and before purchasing a home in Tenerife. To keep eyes and ears open is the best start.

Tenerife resale property west coast Los Gigantes Want to buy directly from owner saving good money? Let me show you that it's possible without strings attached.

By the way, some Tenerife property with trouble was not involved with timeshares Europe nor set up in a unique property sharing private way which is absolutely possible.

Disclaimer: I am, of course, not responsible in case of any mistake made by any lawyer or solicitor! Nevertheless, I recommend strongly that you take the important step of seeking his advice when suspecting fraud.

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