(It's also worth noting that SSR was built-up over a period of 6-7 years. Buildings in Congress Park were the oldest. Buildings added later in the process may have been constructed to different standards.)
How will this litigation affect SSR owners efforts who try to sell their contracts?
Something still doesn't add up.
If this alleged day 1 problem was pointed out to fire inspectors 6-12 months ago, how could these buildings still be operating? If they're out of code and a danger to guests, why weren't all 18 buildings closed immediately upon discovery?
Others outlined that it might be up to code as long as you don't do any updates/construction. Once you do anything to the building then you also have to take care of the new fire code items.
I was just reading the suit. I am awaiting ROFR from disney to be a first time owner at SSR. Were owners notified of this? I'm also unsure from what i've read - has disney rectified the life safety issues in the buildings as it's stated in the lawsuit? I also read elsewhere that there might be a refund of Maintenance Fees this year due to the resorts being shut down for months. I am wondering if some of that will offset these costs?
I do wonder about the subcontractor’s leins. Can that impact timeshare sales like a lein on a home sale?Don't think it matters its not like there was a judgement against Disney and owners know of a bill coming.
Maybe I am off base though with what needs to be disclosed?