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Ann: Mount Peake Development option , page-17

  1. 182 Posts.
    Occasionally companies offer a buyback of unmarketable parcels (those less than $500) to save brokerage for the investor etc. The investor has to formally 'opt out' of the buyback, to retain the parcel.

    I don't understand your second line - about the substantial loss. If you want to sell parcels of less than $500, you certainly can, but the brokerage starts becoming prohibitive in proporion. Is that your concern?

    Mandi
 
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