Ann: Suspension from Official Quotation, page-39

I don't believe the breach of contract notice was to make money. It's been done from a reputation standpoint imo.

Hypothetically, imagine you owned a block of units and you got an offer to have a pool installed. It's a good deal and adds value to the units so you sign the contract with the pool company. Then you go and tell all your tenants that a pool is getting installed. The tenants get excited and decide that they want to extend their lease for another 24 months. All your tenants are now on a 2 year lease because they believe they will be getting a pool to use. Then the date for the work to be started rolls around and the pool company never turns up. You give them a call to find out what has happened. They tell you there were some delays and they expect to start in a months time. You then go back to your tenants and advise them that it has been delayed and you provide them with the new date. The new date arrives and yet the work still doesn't get started. This continues for the next 12 months. Your tenants are furious because they decided to sign an extension on their lease because they believed they were going to have access to a pool.

At this point it doesn't really matter what happens between you and the pool company. The damage has already been done. The tenants have now lost faith in you. They have no doubt told all their friends and family. Before long the word has gotten out and the story is now being told in a different way. Perhaps they are saying that you tricked them into signing a two year lease and then didn't deliver.

Your reputation can be salvaged by taking legal action and perhaps some of the cost of losing tenants and also your time spent organizing to have the work done. This of course doesn't repair the damage that has been done.

Then one day a really nice Canadian citizen comes along and offers you a stack of money to buy the units off you... wait. That has nothing to do with the pool company anymore but it's a lot more exciting to talk about.