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Thu 12 Dec 2009Developers go to court to force buyers to buy

The gloves are off to compel those who signed legal contracts to purchase apartments to now complete the deal, writes JACK FAGAN

SEVERAL DUBLIN-BASED property developers are planning to take legal action against investors and first-time buyers to force them to complete the purchase of apartments booked during the property boom. Prices in many Dublin developments have since fallen by 40 to 50 per cent.

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