Quote:
Originally Posted by retiredguy123
Not exactly. The rule is that you can resell the house at any time, but, if the sale price exceeds the cost of the house, plus the sales commission, plus any upgrades, the difference must be paid to the developer.
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Thanks for the clarification. I never understood how that worked because I've purchased (2) new homes in St. John and Deluna over the past 12-months, and I don't recall signing anything or discussing this restriction during the closing process. They never discuss re-sale or rental within 12-months. Thanks again.