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Waterloo Region Connected  /  Land Development and Real Estate  /  Urban Areas v  /  Weber Yards (1333 Weber St E) (nee Elevate Condos) | 15, 15, 12 & 12 fl | U/C


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Weber Yards (1333 Weber St E) (nee Elevate Condos) | 15, 15, 12 & 12 fl | U/C
tomh009 Offline
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#228
10-05-2024, 07:01 PM
(10-05-2024, 04:48 PM)panamaniac Wrote:
(10-05-2024, 03:40 PM)tomh009 Wrote: The buyers were arguably at risk of losing some or all of their deposits in the bankruptcy.

Were they?  Surely deposit funds are held in trust, arent' they?

Are they? I don't know. But even if they are, the buyers are no worse off than in the case of bankruptcy as they can get their deposits back.
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RE: Elevate Condos (1333 Weber St E) | 15, 15, 12 & 12 fl | U/C - by tomh009 - 10-05-2024, 07:01 PM

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