Brampton UPtowns at Heart Lake | ?m | 4s | VANDYK

Deanfeb said:
Me too.. probably ksv making it difficult to hold us in amended APS , lets see what bs the send us.
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Man fk that.

They can amend to whatever they want 1m idgaf. Just give deposits back greedy fucks.

They can make millions, just not gonna be on us.
 
Deanfeb said:
I sent meg email askin about deposits n srlaw told me deposits was moved to ksv n also stated in previous motion
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The KSV lawyer distinctly said "If the home buyer wish to not proceed with the amended APS, they can make a claim through Tarion as we do not have the deposits"

So it's either 1 of 2 scenarios:

1) The lawyer lied to the judge
2) KSV already spent the money
 
UptownGirl said:
The KSV lawyer distinctly said "If the home buyer wish to not proceed with the amended APS, they can make a claim through Tarion as we do not have the deposits"

So it's either 1 of 2 scenarios:

1) The lawyer lied to the judge
2) KSV already spent the money
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Do you remember who said this? Was it one of these three?

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random said:
For sure taking money then. That’s -8k gone. Can’t even chargeback since it’s been almost 2 years…
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Probably. To protect the upgrade deposit you need a clever amendment during the 10 day AP&S review which bumps the unit price/initial deposit, and builds in a certain value of included upgrades. Of course, this may be before even the developer knows what upgrades might be made available.

Of course, this trick still only works if the developer rep agrees and the new deposit fits within Tarion's coverage limits.
 
Every one has write to SR law stating that they prepared trsut reporting for the year 2023. Then do they have that as at today and if not provide us the details of transfer.
Subsequently write to the parties to whom SR law had transferd.
If utilized it or keeping it on, Behalf of Kings mortgage, then had to go to courts with a motion refund the money held in trust.
 
rbt said:
Probably. To protect the upgrade deposit you need a clever amendment during the 10 day AP&S review which bumps the unit price/initial deposit, and builds in a certain value of included upgrades. Of course, this may be before even the developer knows what upgrades might be made available.

Of course, this trick still only works if the developer rep agrees and the new deposit fits within Tarion's coverage limits.
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Can you explain what bumping the unit price will do?
 
random said:
Can you explain what bumping the unit price will do?
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The amendment bundles some portion of upgrades into the initial unit purchase so those deposit funds are protected by Tarion. The developer will want to be made whole; if you're asking for $10k in upgrades to be included with the purchase at no additional cost then you need to increase the price of the unit by $10k to cover that cost.

In effect, you're changing the base-unit finishes for your contract vs the level that is typically offered. Not all developers will play that game as it impacts their short-term cash-flow.
 
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