Thursday, July 7, 2011

Representations made by Elliott

http://sunvillagefacts.com/files/Memorandums/Memorandum_Maxim_Bungalows_Residence_Juan_Dolio.pdf

Promises: 10.00% Non Use Fee per year, payable quarterly

Term: a five year period with a 10% penalty for any withdrawal prior to the 5 years. This provided the understanding a withdrawal could be possible anytime with a 10% fee.

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