TITLE

Housing slide hits home for buyers of condo hotel units

AUTHOR(S)
O'Reiley, Tim
PUB. DATE
July 2008
SOURCE
Las Vegas Business Press (10712186);7/14/2008, Vol. 25 Issue 28, pP14
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that some condominium owners in Las Vegas, Nevada feel abused after buying condominium units as investments, due to the weak demand for the high-rise residences. The Signature at MGM Grand has generated similar cases from buyers who said they bought units based on exaggerated sales pitches. The first case was sent to arbitration by a Clark County District Court judge in 2007. In the second case, plaintiffs claim the sales pitch misled them on two broad counts.
ACCESSION #
33309355

 

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