Donald Trump facing eviction from Mar-a-Lago over rule breach

[My Pet Orangutan]

This discussion thread was locked as off-topic by Omaha Steve (a host of the Latest Breaking News forum).

Source: Nine News

The use of Mar-a-Lago as former President Donald Trump's permanent home is under legal review by the town of Palm Beach and the arrangement may be discussed at the upcoming town council meeting, the town manager told CNN.

When Trump turned the private residence into a social club, he had agreed with the town to limit his stays at Mar-a-Lago, and now some Palm Beach residents say he is violating that agreement.

Trump bought the former estate of Marjorie Merriweather Post in 1985, and subsequently turned it into a members' only club in 1993. The plan was -- as with most Trump deals -- to turn a profit. Yet in order to transform the private residence into a revenue-generating business, Trump had to agree to certain limitations, based on guidelines presented as deal-breakers from Palm Beach.

- snip -

At the time, following several appearances at town council meetings by Trump and his lawyers to plead his case for approval on the evolution of the property, Trump assented to abiding by the 21-day rule. His signature is on the agreement.

Read more: https://www.9news.com.au/world/donald-trump-mar-a-lago-eviction-florida-palm-beach-residence-rules/dc25b421-838f-46e8-84ac-83adafbdea07

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Not the stuff of International News you might think. Q: How much do Aussies loathe Donald Trump? A: Yes.

[sfstaxprep]

1. I'll Be STUNNED If He's Actually Held To The Contract He Signed

At worst, he'll file suit, and tie it up in court for years and years, eventually appealing to the Supreme Court if necessary.

The chances of him actually leaving Mar-A-Lago are Zero.

Rules are for others to abide by. They do not apply to him.

[My Pet Orangutan]

2. Above the law once; Above the law always.

Some DA should have nipped him in the bud.

[twodogsbarking]

10. You have described how he acquired Mar a Lago.

As long as there are enough attorneys Trump will survive. The brutal truth.

[Ford_Prefect]

14. Just as long as they get paid he will...

He'll be in Mar-A-Lago until the cash runs out and he can no longer bribe his way along.

Which if you recall is probably going to be soon. No one is left who can cash him out of this one. That is why he's been so desperate of late IMO.

What happens when one of his creditors or a federal prosecutor attaches the property in lieu of payment? What does he do when he cannot play at Doral or any other course?

Does anyone recall the very sad story of Manuel Noriega and how the wealthy drug and money laundering people he empowered turned on him when they no longer wanted him?

Don the Con may have a few more folks he can manipulate but he's on the down slope and headed in the same direction as Manuel.

[Warpy]

24. Oh, he's got a long way to go before he starts missing any meals

Creditors are going to force fire sales of his less profitable properties, but he's likely got enough to meet the loans and tax payments.

He might also give up his license to run MaraLardo as a club, membership is falling off now that it isn't an attractive place to see and be seen, slipping bribes under the table. He might also just fight it for years, his lawyers changing all the time as they bail because he doesn't pay his bills.

I think he's going to end up going full bore Howard Hughes.

[ProfessorGAC]

26. I Can't Agree

I don't think there's enough revenue to cover debt service.
The debt is much higher than advertised per the Moody creditworthiness reports of 2013 & 2018.
Those reports did NOT include the loans from German & Chinese banks.
There's enough evidence out there to reasonably conclude the TO has been borrowing money to cover interest on existing debt.
If it had never been POTUS, I think we'd have been seeing BKO stories in the media for the last 3 years.
Now, the brand is toxic to 70% of Americans & hundreds of millions in other countries.
I think there's much deeper financial issues.
Now, we do agree there won't be missed meals. BKO doesn't take all means of support, & there's the ex-POTUS pension.
But, there's going to be a desperate scramble for luxury

[Wicked Blue]

30. What is BKO?

[ProfessorGAC]

38. Bankruptcy

Sorry for the acronym. I honestly thought it was commonly known.
It's short for bankruptcy organization.
It really should be BKR, because it's really "reorganization". But, the business world did BKO. Not sure why.

[Ford_Prefect]

31. Lose in the right court and that pension goes away too.

[Warpy]

42. Fire sale vs. desperate scramble

tomayto/tomahto

He is definitely going to find his world getting a lot smaller very quickly as his multinational empire gets sold off to satisfy creditors. He might not be able to hang onto both his gilt and marble NYC two story penthouse pied a terre and MaraLardo unless one of them generates income.

He's been in trouble since the 2008 crash, something he never recovered from since he had to scramble for loans to maintain his empire, those loans coming with unacceptable terms. The bills are now falling due and while what he has left will afford him luxury for the rest of his life, it will feel like Skid Row to him.

[ProfessorGAC]

43. We Agree On All That

What I was disagreeing with was your statement that there's enough to cover the debt.
I think he's farther underwater than you. Especially with the toxicity of the brand! That's s a detail only.
But, we agree on everything else.

[karynnj]

32. It is also possible that he might want it to be just a private residence again

I have no idea how many rooms (or suites ?) there are. He may want it to be the Trump "compound" - where all of his extended family and close friends could live.

Could he afford this? None of us know if his business interests are even net positive. He will however have his pension and it is very likely he will have a ghost written book or two. Remember he still has millions - probably significantly less than 74 million - but still millions that will buy his words. Even following a bankruptcy, he could use just those two things to regenerate more than enough to finance a life style like that.

[Worried2020]

3. I don't think Palm Beach really cares if he lives there or not,

.
.

as long as they get their Taxes . . .

BUT,

if they wanna get re-elected,

they gotta make a fuss about Trump.

Like it or not, if Trump wants to stay there,

he will.



W

[obamanut2012]

11. They hate him there

And hate him living there.

[2naSalit]

12. And his terrorist buddies have already set up shop...

down the street from maga-laga. I'm sure all the fine folk of PB are thrilled about that.

[Worried2020]

16. I'm old enuf, and have moved around enuf to know

.
.

that it isn't unusual for a community's leaders not to do what it's citizens want,

or even do their best for them

no?



W

[2naSalit]

17. Ha!

It's the American way!

So far.

[Worried2020]

19. We got the same disease here in The Great White North

.
.

I see it in my wee town with less than 2k souls . . .

$$$ rule

(sigh)

W

[2naSalit]

20. Sadly true.

[left-of-center2012]

4. Trump being Trump ...

He will drag it out in court as long as he can.
His followers will say it is "unconstitutional" to make him move.

[PatSeg]

21. Its funny

With republicans, everything they don't like is "unconstitutional", as if they have a clue what is actually in the constitution.

[Dave Starsky]

25. Then they can take away his "resort" status.

I recall the whole thing is that he could either live there or run it as a golf resort, but not both. If he runs it as a business, Palm Beach is gonna want its taxes on the money rolling in every day.

No one is abridging his freedom whatsoever. The people who live around there are tired of the circus and inconvenience he creates whenever he's shacked up there.

[SergeStorms]

5. Its It's been rumored...

that he and Malaria are looking at several properties to buy in the area. I saw some pictures on some south Florida website yesterday. I doubt he'd buy any of the ones in the layout because there wasn't enough faux-gold decor to suit his garish tastes. Besides, where's he going to come up with $20 million or so? He's cash poor, as everything he has is tied up in heavily leveraged properties. I don't think there's a single bank in the world that would extend him credit now.

[jmowreader]

6. You know what will happen

He will throw a fundraiser, and people living in vans down by the river will pitch in to buy him a $10 million home.

[IronLionZion]

23. In a van, down by the river!

[turbinetree]

28. LOL................

[gab13by13]

8. One of his book writers, Tim something,

claims he owns 2 houses close to Mar-el-Loco.

[DeeDeeNY]

7. Only little people honor contracts

https://www.northjersey.com/story/news/columnists/mike-kelly/2020/01/24/donald-trump-still-owes-money-to-contractors-who-built-taj-mahal-atlantic-city/4547037002/

[samplegirl]

9. Maybe they could

moved in with Lindsay Graham or I’m sure My pillow guy wouldn’t mind house guests.

[Maxheader]

13. insane, terrorist promoter living in their state?

Gotta be some that understand how wrong that is. .

[Ford_Prefect]

15. I hear there's a rather cute condo going for a song at Lompoc.

Some people say they have a special deal for recovering addicts and power brokers who need a bit of extra federal supervision.

[Blue Owl]

18. The POS has a 21-day shelf life at his own tacky club

[keithbvadu2]

22. If it is a residence, no liquor license.

If it is a residence, no liquor license.

And many other business restrictions.

[My Pet Orangutan]

29. +!!

Catch 45.

[Lasher]

27. Has the helipad been demolished yet?

He was only supposed to have it while being president, and it was not to be used by private helicopters.

[stopbush]

33. Maybe now that tRump is facing eviction Senate Rs will get onboard

with Biden’s Covid Relief bill. 😅

[Texin]

34. What would prevent him from monthly 21 consecutive days then 10ish on a yacht

off the coast of Palm Beach, or Miami, etc.? I didn't read details in the article so I don't know if legally he would be precluded from that type of approach or not. I do agree that he'll keep it tied up in lawsuits for as long as it takes to kick the can down the road. It's his wont.

[Nitram]

37. Trump wouldn't be comfortable staying on a boat that long.

[jmowreader]

41. The agreement he signed prohibits it

You can stay no more than 7 days at one time or 21 days per year.

When he started the club, the one down the street wouldn’t accept you if you were Jewish or nonwhite. Mar-a-Lago would accept any rich person. But now it’s just a way for Trump to launder money.

[Texin]

35. What would prevent him from monthly 21 consecutive days then 10ish on a yacht

off the coast of Palm Beach, or Miami, etc.? I didn't read details in the article so I don't know if legally he would be precluded from that type of approach or not. I do agree that he'll keep it tied up in lawsuits for as long as it takes to kick the can down the road. It's his wont.

[Nitram]

36. This has been coming for some time. It will be a battle of lawyers.

[lark]

39. Bet big bucks DS weighs in and saves drumpf somehow.

It's what little fascists do for the bigger fascists.

[Yo_Mama_Been_Loggin]

40. I wouldn't want him as my neighbor

[Omaha Steve]

45. After a review by forum hosts....LOCKING

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