September 2019

Found 1 blog entry for September 2019.

Sep 20

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The situation dealing with the Monarch Bay Land Lease is starting to get very serious as an estimated 100 plus owners have not paid for the land that is currently being leased.  We have reported before that the Monarch Bay owners have the opportunity to purchase the land for 65% of the appraised value which is a pretty good deal considering the location of Monarch Bay which is a prime oceanfront community with direct access to the beach in Dana Point. We have received many questions regarding this including what happens to owners who don't pay for the land before the expiration date.  After doing some research we found some information on the Keystone, formerly Progressive Community Managment website that has a 12 page information booklet answers many