Hello!
I have a free and clear title for a condo in Sosua which is actually in a resort in Puerto Chiquito. We bought it around 1990, pre construction. The resort was operationable and wonderful for about 10 years or so. All of a sudden, it started deteoriating and I guess the owners of the complex ran out of money and now the resort has been closed for some time now. If a new company comes in and buys the resort, do the new owners have to accomodate the title holders of the indvidual units?
I have a free and clear title for a condo in Sosua which is actually in a resort in Puerto Chiquito. We bought it around 1990, pre construction. The resort was operationable and wonderful for about 10 years or so. All of a sudden, it started deteoriating and I guess the owners of the complex ran out of money and now the resort has been closed for some time now. If a new company comes in and buys the resort, do the new owners have to accomodate the title holders of the indvidual units?