Do people live at Mar A Logo?
Do people live at Mar A Logo?
Staff and guests? Will they all have to vacate with no notice if the property gets seized on Monday 3/25/24?
I was reading about this the other day. The agreement Trump made with Palm Beach to turn Mar-a-lago from a "residence" to a "club" means the only people allowed to live there more than a couple of weeks are employees (think live-in property manager, etc.). So the fig leaf that gives Palm Beach an excuse not to kick Trump out is that on paper he's a handyman or something, LOL.
I'm not sure about it, but hopefully that status also eliminates protecting the property as a primary residence during bankruptcy...
It can’t be seized. Florida would have to allow it.
They’ll seize New York properties.
Why would this be true?
Each state has its own jurisdiction. New York has no jurisdiction in Florida. If Florida said no, New York would have to take them to court. It is easier just to take the New York properties as they have jurisdiction in New York.
State are supposed to abide by other states court orders but they don't always.
Florida specifically has laws not allowing homes to be seized as assets due to lawsuits.
You will note that a lot of extremely rich people have their "primary residence" in Florida.
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