Are guarantee rental returns actually gauarentee?

I came across a few condo that has a guaranteed return, how does this work?
is there a risk to it?

Newbie Asked on 24 November 2015 in Projects.
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1 Answer(s)

As long as the developer is still in business, and the contract you sign is solid (always a good idea to have a lawyer for big deals), you should be able to trust the guarantee. Once in a very rare while a development won’t get enough investment early on, and won’t be able to finish construction, but they are still legally bound (again, if stipulated in the contract) to refund the investors. As well as having a lawyer who knows the local and national laws and considerations, it can also be useful to do some research on a development, find out what other projects they’ve worked on and how they turned out.

I’m sure there are others out there with some deeper insight into this issue though…

Newbie Answered on 24 November 2015.
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