SpikeB
TUG Member
Hi there. Thank you for this forum, it has been very helpful so far.
We got the pitch and while we are normally rational beings, bought a winter week at Grand Timber Lodge. We like Breckenridge and would visit often as we live nearby. We have 5 days to rescind, which I will do.
My question is that the contract includes a first right of refusal clause that I believe means that the developer has the right to step in and match any third party sales transactions. They explained that is how they keep the value in marketplace up. Is that true? Can they do that? It seems to me that they will always choose to buy and then resell at retail prices.
Also, when you buy resale do you loose any of the bundled club memberships or do they transfer with the deed?
We got the pitch and while we are normally rational beings, bought a winter week at Grand Timber Lodge. We like Breckenridge and would visit often as we live nearby. We have 5 days to rescind, which I will do.
My question is that the contract includes a first right of refusal clause that I believe means that the developer has the right to step in and match any third party sales transactions. They explained that is how they keep the value in marketplace up. Is that true? Can they do that? It seems to me that they will always choose to buy and then resell at retail prices.
Also, when you buy resale do you loose any of the bundled club memberships or do they transfer with the deed?