ASPEN & SNOWMASS BASE VILLAGE – Seven buyers at the Snowmass Viceroy are suing in an attempt to back out of their purchase contracts and get their earnest money back.The buyers, ranging from LLCs to individuals, are all represented by a California attorney who’s suits all claim that the 152-room condominium hotel’s developer, Related Westpac, did not file the proper documents regarding the layout of the project with authorities. The suits also claim that because of this, the buyers have a right to back out of their deals, which were all made between December of 2007 and March of 2008.
By Curtis Wackerle, Oct 3, 2009 Aspen Daily News
The Snowmass Viceroy is scheduled to begin closing condos under contract in late Nov. and Dec. It will be one of the most closely watched Aspen real estate events this year.