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Old 01-05-2009, 02:23 PM   #38
ikaris
First Line Centre
 
Join Date: Apr 2006
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Quote:
Originally Posted by photon View Post
And I don't understand, absorb what loss? You've said loss twice now, but what loss is there?
What I mean is the current market value for the unit as per the purchase price as dictated in the original contract. In my particular case, it's not like I asked the developer to reduce the price to what exactly the unit is worth now, just to reduce the price comparably to the price reductions already given the new units that haven't been sold yet as compared to their original offering price (when I purchased my unit).

I'm not exactly sure either as to if these clauses have ever been used by the developer to maximize profit. I understand in the example you've provided as to why it would be understandable in those cases, and I think we agree that if a developer would use that clause to maximize profit that it would be pretty egregious.

Last edited by ikaris; 01-05-2009 at 02:25 PM.
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