bnoble
TUG Member
- Joined
- Nov 14, 2006
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- The People's Republic of Ann Arbor
I don't see anything new and/or productive
You put it better than I could. Bravo.certified bloviating
I don't see anything new and/or productive
You put it better than I could. Bravo.certified bloviating
... from the beginning of this topic.more important than certified bloviating.
A homeowners insurance policy for a condo typically includes everything inside, beginning with the walls, floors and ceilings. Condo HOA fees are supposed to cover the infrastructure of the building via a master insurance policy.Could they own, or at least have had the opportunity to purchase, some type of homeowners insurance policy which a weekly timeshare owner would probably not want to purchase?the whole owners in those oceanfront buildings. They are in a world of hurt.
If any full time owner chose not to purchase homeowners insurance to save some bucks because they thought the timeshare manager would "take care of all that" then the consequences of that decision is on the full time owner.
Latent defects, which are defects which cannot readily be detected, can happen and not found for many, many years after construction. Who is responsible? This can vary and is affected by common law and statute. Were these defects caused by negligence? When were they discovered? Were there performance surety bonds issued back then? Can performance liability last forever if negligence was the cause? Perhaps it was faulty materials and then who is responsible? It was stated that the problem was known for sometime and hidden. If this is true then the questions expand dramatically. Perhaps we will never know but with a debt of this size it would be reasonable for those with major exposure to seek the advice of professionals and contact their Attorney General to investigate this fully. I pity all involved but am irate over the lack of full disclosure by Wyndham management and the HOA. There is certainly an attempt to hide the truth.I've never seen an insurance policy that covers decades-old construction defects or failure to inspect for decades-old construction defects. Unless such policies exist, I cannot see how the HOA or the management company can be blamed for not having this coverage.
If such insurance does exist, what does it cost, was the issue raised, and what was the response of the HOA or owners?
Even though I have no idea why as a non-owner you are posting on this topic, I will attempt to help you understand. Also, I have read nothing that is close to a Wyndham conspiracy theory here so perhaps you could elaborate. Also, what concern is it of yours was basically asked but you have failed to reply, why?I just do not buy into the Wyndham conspiracy theories.
"How can the repairs be made without a Special Assessment?" is an entirely legitimate and relevant question. If I were an owner at KBV and a Special Assessment came up for a vote, I would want to know the answer to that question before voting Yes or No.
Here is just one example that has been slightly modified to be less conspiratorial:I have read nothing that is close to a Wyndham conspiracy theory here so perhaps you could elaborate.
Let me rephrase: it has occurred to me that perhaps Wyndham stopped accepting KBV Ovations deedbacks after acquiring enough weeks to give them the 50% ownership required toram through the Special Assessment, which requires a majority owner votecontrol the decision making going forward, without feeling a need to convince individual owners to vote Yes for whatever they decide is best for Wyndham.
You gotta be kidding. Why don't you just let this for worried owners and those who are offering helpful ideas not those who post only to spread falsehoods, wasted time craziness and blindly support anything Wyndham does? Conspiracy on CO skier part perhaps but how can facts be considered conspiracy?Here is just one example that has been slightly modified to be less conspiratorial:
C'mon magmue. Can you provide even the slightest bit of evidence to support your claim of "Wyndham stopped accepting KBV Ovations deedbacks after acquiring enough weeks to give them the 50% ownership"?
Such a dedicated pot stirrer.![]()
I've never seen an insurance policy that covers decades-old construction defects or failure to inspect for decades-old construction defects. Unless such policies exist, I cannot see how the HOA or the management company can be blamed for not having this coverage.
If such insurance does exist, what does it cost, was the issue raised, and what was the response of the HOA or owners?
Your continual vicious direct attacks against fellow TUGGERS and name calling (paranoid, conspiracy theorists, etc.) is unacceptable and the reason I left TUG awhile back.C'mon magmue. Can you provide even the slightest bit of evidence to support your claim of "Wyndham stopped accepting KBV Ovations deedbacks after acquiring enough weeks to give them the 50% ownership"?
Of course not, because it is just paranoid speculation with no basis in fact. Someone should call out such complete bs.
Thanks much for the advice on how to block vicious posters. On topics in which I am not the originator, I will take your advice and I promise to never go skiing again.Please don't feed the troll....
To block CO Skier, click on his blue user name and then click ignore and you will no longer see his posts at all. If everyone does that, he will magically disappear from this forum.
What would you call the unsubstantiated anti-Wyndham theories with no basis in facts? Attacking fellow TUGGERS is against the TUG rules. Report the posts you think qualify as a rule violation.Your continual vicious direct attacks against fellow TUGGERS and name calling (paranoid, conspiracy theorists, etc.) is unacceptable and the reason I left TUG awhile back.
Any posted baseless, anti-Wyndham conspiracy theories will still be visible to anyone viewing this thread, and open to challenge for the supporting evidence, which somehow is never supplied.How to block trolls: click on his blue user name and then click ignore and you will no longer see his posts at all. If everyone does that, he will magically disappear from this forum.
You do not seem to understand your own advice. You are not, at least, heeding it.How to block trolls: click on his blue user name and then click ignore and you will no longer see his posts at all. If everyone does that, he will magically disappear from this forum.
Seems like CO skier enters most Wyndham topics in support of Wyndham. The answers have been addressed and he is not an owner and is unaware of the Wyndham abuses in the past so I agree " CONSIDER COO SKIER'S POSTS AS OFF-TOPIC.I just do not buy into the Wyndham conspiracy theories.
so
"How can the repairs be made without a Special Assessment?" is an entirely legitimate and relevant question. If I were an owner at KBV and a Special Assessment came up for a vote, I would want to know the answer to that question before voting Yes or No
unbiased appraisals
I'd recommend forming a group asap
I don't know that I need to see three appraisals, but it would be interesting to get one. The idea of several of us chipping in to get that done isn't a terrible idea, depending on how many/how much---assuming the Board is unwilling to do it. Unlike some other folks, I don't inherently distrust the Board--at least, not yet. Speaking of whom, I also plan to drop a note to the Board asking them to include the possibility of liquidation as one of the options. I suspect the whole owners would be less likely to go for that, but I agree with several others that it seems like it very well might be the best option for the interval owners.owners got organized hired a lawyer off voluntary contributions - you only need 100 paying $100 say