Would you please share the experiences you have had with MMV.
They are a candidate to take over our residence and it would be particularly
useful to know whether they pay the rent on-time.
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Experience was fine from 2008 up to now. Q2 rent was a few weeks late in July and Q3 rent, due 1st October, hasn;t been made. Was told Wednesday I would be paid between yesterday and next Monday but still waiting. Got letter last month explaining that rent would be delayed due to them having a bad year....weather, economy, etc.
these posts from owners being paid very late would make you wonder why they are trying to take over the leases at a Residhotel location, Les Terrasses du Lac!
I am pleased to now be on your contact for the Resort "Petit Lac" Mandelieu.
My details are: m.decroix @ mmv.fr / +33.4.92.12.62.10. I am able to give you more information about the current situation. A letter will be sent to this subject next week.
In the meantime, I am at your disposal for further information.
We are owners at MMV Cannes resort, today we have received a email from MMV outlining the difficult ecomomic situation which is impacting the profitability of the resort. It then goes on to offer 3 options to remedy this situation. These are basically options to pay the owners less rent. The basic option is to agree to 30% less rent. This comes on the back of late rental payments over last year.
My question is, have MMV used this ploy on other MMV residences to reduce their rent liability and how has this worked out??
I see the following post already on this site
' MMV run our resisence at Clos de Tourrettes.They have been contracted to run the residence by our management company Camiole Resorts.They do not pay us directly but pay Camiole, who then pay us.If they don't pay Camiole on time, then Camiole don't pay us.To start with, we were payed on time, but on the last occasion the payment was a month late and this quarter we are over a month late.
This is getting very frustrating, as the present arrangement is after we had to accept a 30% rent reduction.With all we have had to put up with and with agreeing to a rent reduction, they still can't pay on time.It is truly shameful behaviour.'
I presume everyone has got the letter mentioned above. Does anyone know if owners are getting in contact with each other to discuss what it means, options, etc? I heard about the Petit lac Owners Association before and have emailed them tonight to see if the email address is active and if so, whether any owner discussion is planned. What do others think or anyone know of any group getting together? I presume it would be better to share thoughts and speak as a group?
There is a group which represents a substantial number of owners, including me. Its general email address is petitlac@hotmail.co.uk, if you have any difficulty getting in touch, please post a contact email and I will send you details of committee and telephone number. Representatives of this commitee are planning to meet MMV in early Feb.
Hello All, I too am a Petit Lac owner. It had taken me 6 months to get a response from MMV! It was a google search and finding this forum that has brought some success . I have now been in touch via email with m.decroix @ mmv.fr . MMV was 3Q's behind in payments and since making contact they have made the Q2 payment. They have said they will pay Q3 and Q4 after I decide whether to accept a 3 year reduction in rent OR manage it myself and pay them.
Looking for other MMV Le Petit Lac Owners
Hi, I urge anyone who has a leaseback in this development to contact petitlac@hotmail.co.uk as soon as possible.
mattstar741297.893599537
Looking for other MMV Le Petit Lac Owners
To any owner in MMV La Petit Lac, a meeting will be held in
Bewleys Hotel, Dublin Airport,on the 2nd of March at 2 pm
to discuss the present position.
Looking for other MMV Le Petit Lac Owners
I will attend this meeting in Dublin.
Is person organising Dublin meeting linked in with the petitlac@hotmail group?
Regards....Fergal
Looking for other MMV Le Petit Lac Owners
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Would you please share the experiences you have had with MMV.
They are a candidate to take over our residence and it would be particularly
useful to know whether they pay the rent on-time.
yes">
Looking for other MMV Le Petit Lac Owners
Experience was fine from 2008 up to now. Q2 rent was a few weeks late in July and Q3 rent, due 1st October, hasn;t been made. Was told Wednesday I would be paid between yesterday and next Monday but still waiting. Got letter last month explaining that rent would be delayed due to them having a bad year....weather, economy, etc.
Looking for other MMV Le Petit Lac Owners
I sadly must say have had same bad experience. Didn't get paid till now
for Q3 and for Q2 got paid in late September instead of early July and
only after long shouting. I am pretty confident they are having cash flow
problems and would only wish these are temporary.
Looking for other MMV Le Petit Lac Owners
Sadly I have also had the same experience but unlike u have not been paid yet!
Looking for other MMV Le Petit Lac Owners
these posts from owners being paid very late would make you wonder why they are trying to take over the leases at a Residhotel location, Les Terrasses du Lac!
Looking for other MMV Le Petit Lac Owners
I see some owners of apartments in Cannes have been getting replies from
MMV. My emails are being totally ignored - I am wondering how members
are making contact. Also looking on the forum I see members have been
logging problems since 2008 I wonder if these people have found ways to
resolve their issues or are they still not receiving payments?.
Looking for other MMV Le Petit Lac Owners
I see some owners of apartments in the MMV resort Cannes have been at
least getting replies from MMV - my emails are being totally ignored Can you
please tell me how you are managing to make contact with the company?
Looking for other MMV Le Petit Lac Owners
It is getting worse. I haven't been paid for Q3 and my inquiries being
ignored. I am in a process of starting litigation against them. I see no
other way to learn what is going on and why they stopped payments
and avoid contacts.
Looking for other MMV Le Petit Lac Owners
I am in the same position here...Q2 and Q3 2012 not paid. I had no problems up to then.
Doesn't seems to be many threads here for a problem that i assume would affect all owners? (300 units in this development)
How can we progress this?
Looking for other MMV Le Petit Lac Owners
Your best bet is to write to the syndic and ask for names and addresses
of the co-owners and contact each one to form a group.
Looking for other MMV Le Petit Lac Owners
Dear Owners of MMV Resort Petit Lac,
I am pleased to now be on your contact for the Resort "Petit Lac" Mandelieu.
My details are: m.decroix @ mmv.fr / +33.4.92.12.62.10.
I am able to give you more information about the current situation. A letter will be sent to this subject next week.
In the meantime, I am at your disposal for further information.
Best regards,
Michel Decroix
Looking for other MMV Le Petit Lac Owners
We are owners at MMV Cannes resort, today we have received a email from MMV outlining the difficult ecomomic situation which is impacting the profitability of the resort. It then goes on to offer 3 options to remedy this situation. These are basically options to pay the owners less rent. The basic option is to agree to 30% less rent. This comes on the back of late rental payments over last year.
My question is, have MMV used this ploy on other MMV residences to reduce their rent liability and how has this worked out??
I see the following post already on this site
' MMV run our resisence at Clos de Tourrettes.They have been contracted to run the residence by our management company Camiole Resorts.They do not pay us directly but pay Camiole, who then pay us.If they don't pay Camiole on time, then Camiole don't pay us.To start with, we were payed on time, but on the last occasion the payment was a month late and this quarter we are over a month late.
This is getting very frustrating, as the present arrangement is after we had to accept a 30% rent reduction.With all we have had to put up with and with agreeing to a rent reduction, they still can't pay on time.It is truly shameful behaviour.'
Looking for other MMV Le Petit Lac Owners
Clos de Tourrettes
Bet you've all been swearing about this
Looking for other MMV Le Petit Lac Owners
I presume everyone has got the letter mentioned above. Does anyone know if owners are getting in contact with each other to discuss what it means, options, etc? I heard about the Petit lac Owners Association before and have emailed them tonight to see if the email address is active and if so, whether any owner discussion is planned. What do others think or anyone know of any group getting together? I presume it would be better to share thoughts and speak as a group?
Thanks
Looking for other MMV Le Petit Lac Owners
There is a group which represents a substantial number of owners, including me. Its general email address is petitlac@hotmail.co.uk, if you have any difficulty getting in touch, please post a contact email and I will send you details of committee and telephone number. Representatives of this commitee are planning to meet MMV in early Feb.
Looking for other MMV Le Petit Lac Owners
Hello All, I too am a Petit Lac owner. It had taken me 6 months to get a response from MMV! It was a google search and finding this forum that has brought some success . I have now been in touch via email with m.decroix @ mmv.fr . MMV was 3Q's behind in payments and since making contact they have made the Q2 payment. They have said they will pay Q3 and Q4 after I decide whether to accept a 3 year reduction in rent OR manage it myself and pay them.
Just sharing my experience.