Monday, May 30, 2011

Remember to Read the Fine Print

So in the end, one "concession" that the ownership was willing to make was to give a few of the early buyers a new parking spot.  This is NOT a new one in addition to the existing one, but rather trading up to a better parking spot.  Woohoo! Finally got something awesome! [/sarcasm]

I get a legalese document informing me of the switch. I didn't think there was going to be too much in it, but in concession for the parking spot...

"Release. Unit Owner hereby releases and agrees to hold harmless BTC, Realty Trust City, Inc., a Washington corporation, and their respective members, managers, agents, representatives, affiliates, successors and assigns (the “Released Parties”) from and against any and all claims, causes of action, costs, injuries, damages, losses, liabilities or indebtedness of any kind or nature (including without limitation attorneys fees and expenses) asserted against the Released Parties or any one or more of them by the Unit Owner relating to Unit Owner’s purchase or ownership of the Unit, BTC’s actions in providing the concessions set forth herein or any other action taken by BTC related to its ownership of the unsold units in the Project and control of the Board and Association, or any breach of this Agreement."

You got to be kidding me? So for SWAPPING parking spots, I have to forgo any possible previous claims. These guys are just ridiculous. It wouldn't be SO ridiculous if they were upfront, but to just slide it in the fine print. If there was NO culpability for all my issues, would this need to be added?

Link to the contract (this is the original contract copied to word)