Demand letter follow up
Saturday, March 22nd, 2008 by admin Subscribe To Our Feed
March 23, 2008
Ma. Theresa Aguinaldo
Chief Executive Officer
Culpong Properties Inc.
Unit 211-B
Juan Dela Cruz Building, Madaluyong City
M A D A M:
I write you again in behalf of my clients spouse JUN DE GUZMAN AND ELEX DE GUZMAN relative to your contract entitled “Lot Purchase and House Construction Agreement” dated May 27, 2006
In my first letter addressed to your good office dated October 2, 2007, I brought out the matter and called your attention that Culpong Properties, Incorporated have failed to comply with its obligations as per said “Agreement”.
In brief, your principal is guilty of breach of contract despite compliance on the part of my clients of their obligations as stipulated in the “Agreement”.
In reply to my letter your Admin. Manager wrote directly to my clients a letter dated October 5, 2007 obliging your principal (Culpong) to complete construction of the house between January to February 2008.
However, up to this date, you have not commence further construction works on the lot. The condition of the lot is still the same as when I first wrote my letter dated October 2, 2007.
Considering that it is now February, the completion of the house is improbable as staed in your letter dated October 5, 2007.
It is now the intention of my clients to rescind and cancel the “Agreement” dated May 27, 2006 for breach of contract on your part.
Consequently, it is hereby demanded that you reimburse the payments made by my clients the total amount of ONE MILLION ONE HUNDRED THOUSAND FIVE HUNDRED NINETY TWO DOLLARS AND FIFTY FIVE CENTS ($1,100,529.55) with in ten (10) days from the receipt of this demand letter with legal rate of interest and reasonable attorney’s fee to me at my given address.
Your compliance of this demand would certainly avoid and expensive litigation.
Respectfully,
Juan Antonio Santos Garcia
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