Quote:
Originally Posted by jaycee
After visiting the MS resort in April I discovered that the 'Rental Agrrement' makes referrence to the 'Transfer Price' being paid annually, which means the rental monies.
Is everyone else aware that they have to wait a year before they see any income from their unit? I didn't and told Imocom that this was not acceptable.
I would be interested to hear other investors thoughts on this.
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If you look in the frequently asked questions book that we all received, it does actually state in there that it will be paid twice yearly in January and July, unless they have since changed this. We are meeting Azy on Monday 23rd June and will try and clarify this at that meeting