Re: what happens in 2011 -- CPO Owners

[ Show ]

Support VoyForums

[ Shrink ]

VoyForums Announcement: Programming and providing support for this service has been a labor of love since 1997. We are one of the few services online who values our users' privacy, and have never sold your information. We have even fought hard to defend your privacy in legal cases; however, we've done it with almost no financial support -- paying out of pocket to continue providing the service. Due to the issues imposed on us by advertisers, we also stopped hosting most ads on the forums many years ago. We hope you appreciate our efforts.

Show your support by donating any amount. (Note: We are still technically a for-profit company, so your contribution is not tax-deductible.) PayPal Acct: Feedback:

Donate to VoyForums (PayPal):

[ Login ] [ Main index ] [ Post a new message ] [ Search | Check update time | Archives: 1, [2] ]

Subject: Re: what happens in 2011

Author:
Vera

[ Next Thread | Previous Thread | Next Message | Previous Message ]

Date Posted: 14:31:37 02/26/06 Sun
In reply to: Jeff Harrington 's message, "what happens in 2011" on 07:43:58 01/06/05 Thu

>Does anyone have a clear understanding of what will
>happen in 2011. I have been an owner since 86 and have
>always believed that in 2011 the appartment would be
>sold back to the hotel chain and after all the admin
>fees had been taken, the remained would be divided
>between the owners (ie. one share per week owned )of
>that appartment. Is this position correct and legally
>sound ?

I bought in 1985 and have the same paperwork as you. My understanding is the same as yours. One thing though he has now purchased more property in the area and added these to the CPO so will the the share out include all these extra apartments. I do not think we will get a penny.

[ Next Thread | Previous Thread | Next Message | Previous Message ]

Replies:

Subject	Author	Date
Re: what happens in 2011	ernie	23:54:04 05/22/06 Mon
Re: what happens in 2011 -- Peter, 23:55:51 05/22/06 Mon