Real Estate

Trading Regulations

Trading of ID's in Purchasers' Lists starts with reception of the ID's and the pricing in the table. Trading ends at the Effective Date of the Offer to Purchase and Contract; however, if the owner wants to keep his ID on the Purchasers' List, then he may send us a request, and we will do so.

Example for a Purchasers' List:

Bidder's options:

The bidder can place a bid, or he can top a bid via email or facsimile to our sales department. Bidding increment is 5% of CWC LLC's price.
We will not accept a bid in a pending trade.
We will update the Purchasers' List the same day and send an email or fax to the owner of the desired ID indicating that he received a bid.
In case we would receive more than one bid for a particular ID during the day, than we will notify the bidders and ask for options.

Owner's options:

If the owner does not want to trade, then the bid will be displayed, till the bidder revokes his bid, or he may top the bid. Again, an email or fax will notify the owner about the new bid.
The owner accepts the bid by sending an email or fax to our sales department, and we will notify the bidder, that his bid is accepted. CWC LLC marks the ID in the column "Trade Pending".

Closing Trades

In order to close the trade, the bidder would have to pay the transaction fee (10% of the bid) to CWC LLC. If CWC LLC receives the transaction fee, the Price Table will be updated, the "Trade Pending" mark will be removed, and owner and bidder would receive an email or fax disclosing names and addresses to each other. The bidder would have to pay 90% of the bid to the owner.

If for any reason the deal between bidder and owner would not close, then CWC LLC will deduct an administration fee of $500 from the transaction fee and return the  balance to the bidder.

Privacy Statement

For privacy and security reasons,

We do not

(i)                  Store any personal data or emails of our clients on our hosts with web access for longer than 5 minutes;

(ii)                Operate interactive WebPages;

(iii)               Send or receive executable files;

(iv)             Employ email clients and browser software with known security problems;

(v)              Employ any software for administration of client's data with known security problems on computers with web access;

(vi)             Trade personal data.

We do

(i)                  Archive personal data and emails of our clients on secure hosts without web access in UNIX based files;

(ii)                Delete all information exceeding item (i) on our hosts with web access immediately after reception.

Disclaimer:

The SEC might look at purchase of more than one unit as of a purchase of securities. CWC LLC is no securities issuer/broker/dealer, and will allow the qualified purchaser to buy as much units as he wants; however, any purchase in a single condominium will be handled and delivered as a single custom unit, and will create a single indivisible vote in the future Home Owner's Association/Commercial Community.

All information about later real estate sales in Canton Wintersports Center except Condominium at Holland View is subject to change without notice; however, we will update our website, reflecting planning and construction progress.

International Purchasers:

The purchase of a vacation property in the U.S. and its use as an investment (rental income etc) may create an individual tax record with the IRS independent from bilateral tax treaties between the U.S. and third countries. For details, please ask your tax adviser.