Litigation abounds as closings slow

Smith, Hubbie
August 2008
Las Vegas Business Press (10712186);8/4/2008, Vol. 25 Issue 31, pP14
The article reports on the increase in litigation between condominium buyers and sellers in Las Vegas, Nevada as closings of such property slows in 2007 and in 2008. It explains the types of disputes involve in the litigation. Attorney Greg Weston said that developers have reasons for not complying with the terms of their own contracts despite the requirement of state and federal laws to give buyers a partial refund of their deposit if they decides not to close.


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