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CarolinaSailor
CarolinaSailor
Pittsboro, NC, USA
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Joined: Aug 2000
Posts: 86,038
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Traveler
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Daily Herald story

Also purchaser from Kildare Properties ordered not to collect rent from Sunset Bar or the chinese restaurant.


Carol Hill
Joined: Jul 2013
Posts: 837
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Anyone know how this is going to affect Sunset? The way I read it, they are there illegally since the land was never able to be rented out.

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Don't know exactly, but Sunset has been there a LONG time, MUCH before this sale of the long lease. My supposition is that it's a question of who they will need to pay, versus not being able to stay there. I believe what was illegal was the sale by the former Caravanseri owners of the long lease rights to the land, not the lease of the property by Sunset.


Carol Hill
Joined: Jan 2008
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Wow... what a mess. So the Country owns the land, and these companies get long lease rights. Now this makes more sense on what is going on. The splitting of the lease should have been recognized as an issue when or if it was filed.


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