Thanks for your reply.
Yes I agree maybe I did buy the wrong investment,sadly after much research before and after the sale it has only come to light following well documented problems with the management company who refuse to pay and ignore all court judgements. Rent a flat riviera /Conseil patrimione/Group Monnier
I have eviction going on this month so we will have to wait and see what happens here,this is of course mine and many othere investors problems about the TVA repayment.
We have had advice that TVA can be repaid up to 12 months after the sale,however the advice I dont feel is reliable and would like some sort of second opionion.
Have to say reading the posts below about everybody being in on these things from top to bottom certainly appears true from my own research.
Can anyone tell me how the commission to the agents is paid on Leaseback.
1/ They are paid a percentage for the intial sale suspect is 5%?
2/ How are they paid on the leaseback contract?
3/ Is there a bonus paid for the length of contract
4/ Is there a bonus for the net yield the agent can achieve?
5/ Are there bonus paid at certain points through the contract
I maybe wrong but suspect this payment system is not as transparent as some would like to believe and would really like to get my head around it so I can start to understand each party's motives within the sales process.
wayne
ps Its great to see some of these crooks getting locked up
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