Donald Trump’s lawyers told a New York appellate court Monday that it's impossible for him to post a bond covering the full amount of a $454 million civil fraud judgment while he appeals, suggesting…
It’s not. The stable genius placed a deed restriction on it, essentially locking anyone who would buy it out of a lot of options. You can’t live there (legally) you can’t treat it down and rebuild, and it has to be maintained essentially as is. That cuts the value by a massive amount.
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It’s not. The stable genius placed a deed restriction on it, essentially locking anyone who would buy it out of a lot of options. You can’t live there (legally) you can’t treat it down and rebuild, and it has to be maintained essentially as is. That cuts the value by a massive amount.
Zoning. No it’s not.
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It’s not in South Beach. It’s 70 miles north of South Beach. It’s in an expensive areas but not South Beach.
Source https://www.newsweek.com/how-much-mar-lago-worth-donald-trump-florida-property-1830195
And it has a permanent deed restriction to remain a club, it can’t be developed or turned into a single-family estate.
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Have you read the actual case? The judge explains the reasoning and applicable law. And judgment is more complicated than 400+ millions, refer to the order. The order is on page 91 to 92. See https://www.documentcloud.org/documents/24432595-trump-civil-trial-decision
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