Re: what happens in 2011 -- CPO Owners

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Subject: Re: what happens in 2011

Author:
ernie

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Date Posted: 23:54:04 05/22/06 Mon
In reply to: Vera 's message, "Re: what happens in 2011" on 14:31:37 02/26/06 Sun

Hi Vera
I agree, there must be quite a few and we need to get together, we have approx 5 years to sort it out and united is the only way, fighting this alone is what they would enjoy.After all they never liked us having an Owners lounge, the one by the bowling green is not an owners lounge, just another scam to keep us apart.

>>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.

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Replies:

Subject	Author	Date
Re: what happens in 2011	Peter	23:55:51 05/22/06 Mon