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27 Oct 2006 12:00 AM by Lizzie Star rating. 1 forum posts Send private message

4 of us have jointly ventured into Green Hills and our lawyer is not really giving us the adice we need. We are contemplating completing and taking the risk that a licence may be granted next year. Tish who is your lawyer and what sortsd of cost would it be to submit a court action?


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29 Oct 2006 8:09 AM by Ian G Star rating. 7 forum posts Send private message

It seems everyone believes the licence will eventually granted, in which case it seems logical to complete now in order to enjoy the apartment in the meantime. Since there appears to be no problem getting electricity and water supply, I am seriously considering this option. Anyone else?


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30 Oct 2006 3:40 PM by Tish Star rating in Surrey. 833 forum posts Send private message

Ian,

Every Lawyer worth their salt will tell you "DO NOT COMPLETE WITHOUT AN LFO IN PLACE...with or without utilities!!" If you do, it may be a case of enjoy now...repent forever. Forever is a long time!

Many people that I know are opting out. 6 of our group were granted refunds by the Court  two weeks ago. Other Court cases are proceeding. Who is going to be living there? Many of the larger REA's are no longer promotimg any of the Eralia developments as there are no LFO.s in place.



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