Known problems arizing on closing and after:
- misscalculation of interest on deposits,
- wrongfull collection of MICC premiums on standard VTB mortgages
(Vendor Takes Back, mortgage from the builder)
and not paying it to MICC, nor returning it to the purchasers.
- application of price escalation,
- registering VTB mortgages on parking lots, that have been
purchased by cash (no clear title on the property)
- missing undertakings to re-adjust
- misscalculation of maintenence fees,
- lawyer's negligence to detect above problems on closing,
- exclusive right for Camrost to rent your unit during the
occupancy until final closing.
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