Deanfeb
Active Member
also have to check what block your unit is in so u might an idea of completion dates..
Brampton UPtowns at Heart Lake | ?m | 4s | VANDYK
- Thread starter gquest
- Start date
maninder thind
New Member
it's unit 305
Deanfeb
Active Member
so block 3 , per their doc completion is 24 mths from official start date whenever that is..
jbaa1
Active Member
I’m confused why so much interest in completion date.
Doesn’t mostly everyone here just want their deposit back anyway?
Or are people actually aiming to complete the process and close the unit?
Deanfeb
Active Member
Deanfeb
Active Member
Deanfeb
Active Member
He want his deposit but bought later in 2023 so his dates are later than ours so might not be able to get out contract..
maninder thind
New Member
should I consult a litigation lawyer to review my agreement ?
jbaa1
Active Member
I see. So basically they will hold your deposit until the outside occupancy date.
If they complete before then, you can’t get deposit back.
If they don’t amend purchase price (not with respect to development fees), you can’t deposit back.
If you didn’t cap development fees, there is risk at closing your price increases.
Chances are, your outside occupancy date is your only way out. So hopefully they don’t compete by then.
Deanfeb
Active Member
Did u take purchase agreements to lawyer before u sign and cap develop costs? Dont think a litigation lawyer can help u ? U need read over ur purchase agreement and try average ur outside occupancy date which will be much later than the estimated completion dates , i dont think u will have those dates .. better u wait to see when official project start construction then u may have an average timeline..
Deanfeb
Active Member
Yes to all. Lol
jbaa1
Active Member
Half the buyers want to close, half want to cancel.
Then here’s KSV want the buyers who want to cancel to close. And the buyers who want to close to cancel.
Very twisted reality.
jbaa1
Active Member
And KSV is probably monitoring this thread and using what everyone has to say, to strategize the next moves.
Deanfeb
Active Member
for sure!! KSV saying 'SHOW ME THE MONEY"
Deanfeb
Active Member
FACTUM Document uploaded on KSV now.. ..FACTUM OF THE RECEIVER(MOTION SEEKING APPROVAL OF A FINANCING AND OTHER RELIEFRELATED TO THE CONSTRUCTION OF THE UPTOWNS PROJECT)