Sunday, March 6, 2011

Telegram Story on 48 Mason Street

Click here

Reversionary Clause

No reversionary clause in the original documents.  In other words, the City of Worcester puts out an RFP (Request for Proposal), awards the bid to Mason Winfield LLC and requires within the deed (10/31/2005) that the townhouses must be built within two years, but forgets to put in any penalty if the townhouses are not built within the two years?     How the hell

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