Equity release problems with Landsbanki

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26 Oct 2007 12:00 AM by max! Star rating in Fuengirola. 944 forum posts Send private message

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At the moment this topic is mainly a way to attract as much attention as possible. The developer wants to take the community and called for an extraordinary meetng. He still holds a lot of votes (unknown how many) so he is allowed to call such a meeting (minimum required is 25%).
His sole agenda point was: pay me the money the community owns me for maintenance, cleaning, etc in september. He called for a meeting at two days notice so that he would always have the majority vote and could pay himself. The president and I so far refused to pay him as there were hardly any apartments completed in september so he reverted to this trick.
We (president, administrator and I) refused to call this meeting at such short notice and proposed nov. 8th to get as many people involved. The promotor insisted on hir right to do it on short notice so the administrator was instructed to write a lengthy, very legal letter stating that according to court decisions etc we are allowed this small delay.
The promoter replied with a second proposal for this meeting: a change of administration office as they are clearly not working in his interests but in ours.
I would propose discussing all this in the 'Community matters!' thread. I will repeat this post there.



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26 Oct 2007 5:52 PM by boricua Star rating. 15 forum posts Send private message

Hi, I am Eda and currently reside in USA. I will be at Don Juan as of 29th October until 5th November. Do the rules provide for proxy voting? this may be a way to prevent the hostile take over as we could reach out to those who are not there as well. I have 2 apts.
Eda


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26 Oct 2007 6:55 PM by davmunster Star rating in Carvajal\Belfast. 843 forum posts Send private message

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Hi Eda - you have to have completed your purchase to vote but once you have if you have 2 apartments you have 2 votes so we're doubly glad to have you with us! As you will be there on site next week you can give 2 simple written proxies to Max while you are there. I'll leave it to him to suggest by Private Message how you should meet up.



_______________________

David




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26 Oct 2007 7:09 PM by irenemontague Star rating in liverpool/carvajal . 794 forum posts Send private message

hi due to sign 6 nov arrive on 7 but staying at friends apt till things are sorted out peter and family will be there let us no what time irene/peter




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26 Oct 2007 7:25 PM by boricua Star rating. 15 forum posts Send private message

Hi Davmunster,
I have already completed. I believe my furniture was delivered today. I will be on premises. I buy light fixtures on Tuesday, will have candles until then.
eda


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