Saturday, December 27, 2008

If you are one of the hundreds of owners, realtors or members of the media who recently received a post card from me, I want to thank you for taking the time to look at this blog.

These sites were established to let owners and realtors know just how irresponsible Waterstone is in the rental of their owned or managed condos. You will read about how they rented out their owned condos at Nautilus Cove Condos in PCB to tenants who used at least 3 of the 4 units to house up to 7 overseas workers in each unit. Making a dormotory out of what are residential usage condos.

When it was repeatedly pointed out to them that this was in violation of at least 3 sections of our condo documents they simply ignored me and months later also ignored my attorney. This matter is now in court in the Circuit Court in Bay County (Case: 08-2529-CA).

If you are an owner using Waterstone to rent out your condos or if you are unlucky enough to live under or next to one of their units, you should be very concerned about who is living in the units and you should be put on notice that if the renters cause damage to your condo that Waterstone has a track record of ignoring complaints and that they are not interested in fixing damages. Deal with Waterstone at your own risk!!!


Man challenges Destin’s Waterstone with lawsuit over foreign workers

August 13, 2008 by: Fraser Sherman

Bill Harris says he’d have been much happier if he could have avoided a lawsuit over alleged illegal rentals in Panama City Beach’s Nautilus Cove Condominiums."I’m 62 years old and I’ve never sued anyone in my life," Harris, who filed suit last month, told The Log. "It was only after nine to 10 months of complaints that I hired an attorney — at that time I thought that just paying $300 for attorney letters to the board of directors and Waterstone (Resorts) would finally do the trick."

Harris, who hired Destin attorney R. Scott Whitehead to represent him, said he’s still hoping to settle out of court, but although he’s been told the problems are resolved, he’s not yet convinced.Harris said that after moving into Nautilus Cove in May 2007, he noticed that the condo unit directly above his, owned by Waterstone Resorts Realty in Destin, held seven Asians working at a local resort.

Harris said he complained to Waterstone Resorts, which told him the condo had been rented to one individual and the problem would be dealt with. After leaving for a medical treatment, Harris said, "When I came back, three apartments were involved." After repeated complaints to the board of directors that this violated the condo association rules, Waterstone and the management company — none of whom returned The Log’s calls — Harris hired the Destin attorney to write to them as a "shot across the bows." When nothing changed, he filed in court.

The lawsuit names Waterstone, Nautilus Cove and two Waterstone employees as defendants. Since filing, Harris said, he’s been told "the situation is corrected, now they’re renting out more appropriately," but having been out of the area, he doesn’t know if it’s true. Harris said he’s willing to settle, but only if everyone on the other side agrees to the terms: "I want assurances that this is going to stop and enforce the documents as written. Plus I want my expenses to date paid."

Harris said he’s generally disappointed with Nautilus Cove because only half of the 168 units have sold and the rest are now being rented out so "I live in an apartment complex."Harris has also taken his fight to the Web, posting reports on the lawsuit and relevant documents to
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