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#470167 - 08/14/13 06:31 AM What does receivership mean to condo owners?  
Joined: Jul 2012
Posts: 55
Poppie Offline
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Poppie  Offline
If a condo project is in receivership how do we find out the bank?
And what rights do condo owners have.
Heard Banyan Bay went thru similar situation ?

#470206 - 08/14/13 03:22 PM Re: What does receivership mean to condo owners? [Re: Poppie]  
Joined: Oct 2001
Posts: 5,618
Diane Campbell Offline
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Diane Campbell  Offline
The devil is in the details - don't ask a message board about legal rights in a specific situation that can have a multitude of variables. Call a qualified professional and ask about a specific situation. You may be worried about nothing, or you may need to act now - and for sure in a legal situation you don't want to broadcast your game-plan to a web-based public.

#470273 - 08/15/13 10:51 AM Re: What does receivership mean to condo owners? [Re: Diane Campbell]  
Joined: Jul 2012
Posts: 55
Poppie Offline
.
Poppie  Offline
Thank you for advice, just did that its in our lawyers hands now.
Thinks we will come out ok....

#470280 - 08/15/13 01:19 PM Re: What does receivership mean to condo owners? [Re: Poppie]  
Joined: Oct 2001
Posts: 5,618
Diane Campbell Offline
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Diane Campbell  Offline
Good luck with everything. Glad you got a pro on the case.


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