#MascotTowers #Construction #Evacuated
As Owners of Mascot Towers face bankruptcy because they might have to wait a year to access their apartments, it has been revealed that the owner’s corporation had previously accepted $750k in 2015 from the builder to waive any responsibility for ongoing defects. If you bought an apartment in Mascot a couple of months ago, would your conveyancing lawyer pick up a detail like that?
Mascot Towers twist: Problems with apartment block first exposed in 2011
‘Can’t hold on’: Costs crippling Mascot Towers apartment owners as timelines thrown out
‘She can’t hold on another month’: Desperate Mascot Towers unit owners consider filing bankruptcy after agreeing to pay more than $1million for emergency work