maestro
Senior Member
Automation Gallery presented a much different story than what I gather is happening with Museum FLTS. In his case, a purchaser has signed off on hundreds of thousands of dollar for a unit that hasn't been approved . In my books, they are accepting full responsibility that they may not get the unit they have purchased.
MuseumFLTS screams of Calgary circa 2006 when inflation went bonkers. Almost every developer went back to the purchasers and gave them an ultimatum to pay up (sometimes $50,000 more for the unit) or give up their rights to purchase. That is a developer not doing their due diligence or just being greedy and it was completely dishonest and unfair.
MuseumFLTS screams of Calgary circa 2006 when inflation went bonkers. Almost every developer went back to the purchasers and gave them an ultimatum to pay up (sometimes $50,000 more for the unit) or give up their rights to purchase. That is a developer not doing their due diligence or just being greedy and it was completely dishonest and unfair.