Suenos Overseas
Property are members of FOPDAC & the NAEA.
Aegean Homes is our trading name in Turkey.
As a member of this federation, we are
considered to be one of the most
professional, reliable & trustworthy
companies to deal with.
We are proud to display the FOPDAC logo, not all overseas property companies are proficient or experienced enough to become members.
The
Federation of
Overseas Property Developers, Agents and
Consultants was established in 1973 to
unite those agents, developers and specialist
consultants active in the international property
markets whose common aim is to conduct their
activities in a manner which seeks to protect
the interests of those who have decided to
purchase, or sell, a property overseas.
Membership of the Federation is restricted to
companies or individuals whose probity is beyond
reasonable question. The individual principals
must have the experience and professional
expertise to meet the strict criteria set in the
Federation's Code of Ethics. The Committee of
the Federation and its members provide a
valuable reservoir of many cumulative years of
experience in international property.
Buying Property
Abroad?
Many thousands of Britons have bought and own property in many parts of Europe and further afield. Even so, it is a big step to take and you need to ensure that you have the best advice available. As there is no statutory control over who can set up in the overseas property business it remains risky simply choosing one of the many advertisers from the pages of newspapers and magazines. You can reduce the risks substantially by dealing only with a company which is a member of FOPDAC.
The Standards
Demanded
A summary of
FOPDAC's Code of Ethics will best convey what
is demanded of all members:
-
Members shall make honesty and integrity the
standard in all their dealings with clients and
customers. They shall avoid misleading property
descriptions, concealment of pertinent
information and exaggerations in advertising.
They shall not market property for specific
purposes if that property is not accessible and
usable for such purposes.
-
Members shall comply with all financial and
legal obligations relating to their
transactions, their clients or customers.
-
Members shall use their best endeavours to
encourage developments with due consideration
for open space and proper environmental
controls.
-
Where Federation members accept clients' monies
for payment for land or property, they must
maintain a legally separate Clients Account
which must be properly conducted.
-
Members shall report in writing any violation of
these byelaws, whether their own or of others,
whether members or not, to the Committee.
- Should the Federation receive a complaint that a member has not acted in accordance with the Code of Ethics then the Committee should decide that a member is in default and he subsequently fails to rectify the matter as directed, then the member would be liable to immediate expulsion.
