random
New Member
That’s a much longer process…
- Thread starter gquest
- Start date
nicolephillipe
New Member
Can someone ask about development cap fees.
I can't seem to chat on the zoom
I can't seem to chat on the zoom
Deanfeb
Active Member
Can someone ask about our deposits they are holding?
UptownGirl
New Member
They aren't holding our deposits....they said we would have to make a claim through Tarion to get back our deposit
Deanfeb
Active Member
Srlaw practice said deposits were moved to KSV and we should be contacting ksv, condo purchases are held in trust , Tarion only covers a limited amt.
UptownGirl
New Member
The KSV lawyer said they don't have the deposits and the home buyers would have to make a claim through Tarion. They said Tarion should refund the full amount and to reach out to KSV to discuss if you will be receiving interest
Oceans13
New Member
This doesn’t sound good..Tarion only covers $60k for a condo that’s under $600k
Vandyk Group of Companies | Tarion.com
UptownGirl
New Member
Conclusion: The judge approved the amendment and to borrow the $120M
UptownGirl
New Member
Tarion will cover up to 10% of the purchase price up to $100KThis doesn’t sound good..Tarion only covers $60k for a condo that’s under $600k
Vandyk Group of Companies | Tarion.com
www.tarion.com
athundo
New Member
Did you ask SR Law specifically or was this mentioned in some KSV documentation? I remember SR reaching out in March regarding the T3 filing for tax purposes, meaning they had this money on them at least until this point.
Deanfeb
Active Member
Yes , i confirmed that with SRLAW practice
Oceans13
New Member
That is for homes over $600k- mine was under ($565k)
UptownGirl
New Member
So this means KSV spent our deposits.
Deanfeb
Active Member
,KSV/OSLER want scam our deposits
Deanfeb
Active Member
We need to email SRLAW Practice and inquire again