This Is our Village

Friday, December 4, 2009

FACTS ABOUT THE VENTNOR B LAWSUIT

The story is simple: On July 7, 2005 a fire destroyed the condo building located in Century Village East (CVE) in Deerfield Beach -- a large retirement community. The condo documents required a policy of "Payment of Full Replacement Value."
More than 4 years later many families are still homeless. The policy that was signed by CVE and COOCVE, two umbrella organizations supposedly in charge of taking care of this kind of business for the single associations, was not paying full replacement value, leaving the owners short of rebuilding their homes.
Please read the whole story: THE FACTS ABOUT THE VENTNOR B LAWSUIT -- AS SAD AS THEY MAY BE! at:
http://www.ccfj.net/CCFJVentnorBlawsuit.htm
This paragraph of the lawsuit tells the whole story in a few words:
28. The reckless acts and omissions of Defendants by and through their officers and directors and/or agents were committed in bad faith and in a manner exhibiting wanton and willful disregard of human rights, safety, or property, wherein "MIRV" was the actually level of insurance required on the property.

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