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Original Message:
Re: Club Land 'or... another fee?! (by Shirley R.):
jfl4, Firstly, Atlantis tried over and over again to buy Club Land'or. The Holt's would not sell out. Now, the powers that be at Atlantis are not interested. If the price comes down and the economy turns, someone including Atlantis may buy it but it is absolutely land locked. There's not a lot that can be put on such a small parcel of land. If this was a true t/s, they would be required to give you 1/52 of the value of your unit. That's not the case with a right to use vacation property. We will most likely get nothing, since they are late paying on bills on their new property in Williamsburg. The good news is, we would all be out from under this big yellow elephant.