Donald Trump’s lawyers told a New York appellate court Monday that it's impossible for him to post a bond covering the full amount of a $454 million civil fraud judgment while he appeals, suggesting…
It’s not. The stable genius placed a deed restriction on it, essentially locking anyone who would buy it out of a lot of options. You can’t live there (legally) you can’t treat it down and rebuild, and it has to be maintained essentially as is. That cuts the value by a massive amount.
The real question i have is fraud charges penalty of +400 million dollars if no one is owed money and none of the banks filed complaints, I’m not saying this as a gotcha, i genuinely don’t follow liberal media or the case
Can we talk about how they rated mar lago only with 20 million when it’s worth much more?
It’s not. The stable genius placed a deed restriction on it, essentially locking anyone who would buy it out of a lot of options. You can’t live there (legally) you can’t treat it down and rebuild, and it has to be maintained essentially as is. That cuts the value by a massive amount.
Zoning. No it’s not.
I only read the headlines but i def need to look more into it, but south beach is expensive AF
It’s not in South Beach. It’s 70 miles north of South Beach. It’s in an expensive areas but not South Beach.
Source https://www.newsweek.com/how-much-mar-lago-worth-donald-trump-florida-property-1830195
And it has a permanent deed restriction to remain a club, it can’t be developed or turned into a single-family estate.
The real question i have is fraud charges penalty of +400 million dollars if no one is owed money and none of the banks filed complaints, I’m not saying this as a gotcha, i genuinely don’t follow liberal media or the case
Have you read the actual case? The judge explains the reasoning and applicable law. And judgment is more complicated than 400+ millions, refer to the order. The order is on page 91 to 92. See https://www.documentcloud.org/documents/24432595-trump-civil-trial-decision
I haven’t, legal language isn’t my strong suit, but hey at least i try to be honest