Preliminary contract of sale relating to a property under construction, late and for a lower value guarantee: can the buyer ask to the nullity of the preliminary sale contract? The recent jurisprudence of the Court of Cassation.
The legislative decree no. 122 of 2005 art. 2 paragraph 1 provides, upon signing a contract for the non-immediate transfer of the right of ownership of a property under construction, the obligation of the builder to procure the release and deliver to the buyer a guarantee of an amount equal to the sums received and [...]