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Contract 2
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Updated 30 Sep 2018
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Created by
Lauren Neale
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Events
White enters contract with council
Vista Do Rio opens White sells company to daughter and son in law
Wharf, shops and restaurant opened
White decides to sell restaurant
Xiana - going away dinner, learns about sale,
Xiana's father dies, she inherits $1 million
Xiana talks to children about buying restaurant
Xiana having second thoughts, worried about finance
Council asks Xiana to host festival at restaurant - estimated profit $40,000
First meeting - White, Xiana & Bieito discuss trading hours and competition
White finds out about opening of land close-by, possibly for another restaurant and other things
Second meeting - White, Xiana & Bieito, White proposes $1.3 million and payment options, Xiana turns down
Xiana calls Sabela, Sabela tells her to take the deal
Third Meeting - White, Xiana, Bieito and Sabela, Children meet with White first, discuss finances (estimated $144k profit) Bieito tells Sabela to convince Xiana Xiana arrives and continues to refuse deal Sabela yells at Xiana, reluctant and embarrased she takes the deal of $1.3 mil
White tells Xiana she can take control of running the restaurant when the contract is signed but could begin renovations prior and that landlord won't care
Xiana organises interior decorator pays $15,000 for renovation plans
Xiana buys $50k worth of tables and chairs to put in storage for $500/month
White goes to Xiana's house, White already signed contract, Xiana signed (is illiterate)
Xiana pays $130k deposit
Xiana took posession and paid $3k rent (per week starting today) to White until assignment then pay rent to White Enterprizes
Xiana hires Robert (builder) and pays $5k upfront fee, will pay $50k on completion
Cl[3] White to assign the contract and Xiana to pay remaining $870,000
White talks to lawyer, Owen Dixon, to assign contract
Xiana told she owes $400k to Spanish government to pay her father's debt
Xiana to receive loan to pay father's debt
White tells Xiana contract will not be assigned on 1 October but will be done by 5 October
Robert to begin renovations Bieito tells Robert deal is off he requests $25k lost profit
White calls Dixon White's house broken into
Bieito reads new development nearby wharf
Xiana rings White; asks if lease is ready White - 10 October asks if knew about development White - yes but forgot "sorry" tells her deal is cancelled and hangs up
AFTER - Xiana books flight to see her husband in North Africa to spend a week with him
Xiana declines offer from Interior Decorator to sell the furniture for a third of the price - furniture remains in storage until January 1 - 6 months
Hearing
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