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4 Realty News 778-868-7224 January

ДЕПОЗИТ в Какую зарплату необходимо

размере

275 тысяч иметь чтобы позволить себе...

долларов...

был и ‘нету’

Покупатель from West
Vancouver передумал,
а точнее передумала
покупать квартиру в
Trump Tower ..НО...так
НЕ бывает

West Vancouver woman
loses $275K deposit after
backing out of Trump tower
condo deal BC Supreme
Court justice rules sales
contract was binding

A West Vancouver woman
who changed her mind about
buying a $2.75 million condo
in Vancouver’s Trump Tower
after signing the contract
has been told by a judge she
won’t be getting her deposit
back.

Lydia May Chen, an ophthal-
mologist, sued the developer,
West Georgia Development
Ltd. Partnership, after the
company refused to hand
back her deposit of more
than $275,000 when Chen
reneged on the deal.

Chen’s lawyer made several
arguments about why the
real estate contract to buy a “She was interested in the develop- should be considered unenforceable, wrote Sewell. “If the legislature had
three-bedroom unit on one of ment because of the reputation of the Chen’s lawyer said that not only intended to impose a requirement
the “exclusive levels” of the defendant developer and because of was the developer required to give that a person understand a document
Trump International Hotel its central location and spectacular prospective purchasers a reasonable it could have said so.”
and Tower should be consid- views,” the judge wrote. opportunity to read the disclosure The judge noted under the Real
ered unenforceable, accord- Chen attended a presentation by statement, it must also give them “a Estate Development Marketing Act,
ing to the judge’s decision. the developer’s sales agent on Nov. reasonable opportunity to understand Chen had seven days after signing
2, 2013 and expressed interest in a the disclosure statement.” the contract during which she could
But B.C. Supreme Court Jus- condo on the “exclusive levels” of have changed her decision.
tice Robert Sewell remained Trump Tower. The judge didn’t agree.
unconvinced. She returned with a bank draft for the “Whether a person has
According to court docu- deposit later the same day, reviewed been given an opportunity Anna Kurt
ments, Chen was living in a the disclosure statement and signed to read a document is a Lawyer and Notary Public
large house in West Vancou- the contract, according to the judge. relatively simple question 604-689-9222
ver’s British Properties when Some time later, Chen had second of fact. However, whether
the Trump Tower develop- thoughts about the condo and did a person has been given akurt@ganapathico.com
ment was being marketed. not make a required second deposit an adequate opportunity www.ganapathico.com
Chen thought it might make on the property. The developer then to understand a complex
sense for her to move down- cancelled the deal. document involves a far 501-1155 Robson St,
town. In arguments about why the deal more complex issue,” Vancouver, BC V6E 1B5