***Trump FAQ***
1. How many building are there in total?
a. There will be 2 Buildings with approximately 1,282 condo units in the first
building. This glass building is approximately 62 stories tall.
2. How many units available are for sale right now?
a. There are approximately twenty units currently available for sale.
3. How many Floorplan?
a. There are 5 Floor Plan. 1 for the studio and 1 for the one bedroom and 3
for Penthouse.
b. 2 Bedroom Units are also available by combining 2 studios or 1 Bedrm+Studio.
4. When will 1st buildings break ground? Possession Date?
a. The first buildings will start construction summer of 2005 and be completely
done by end of 2007.
5. How can I reserve a unit?
a. Call Nancy at 626-964-8302 to check availability.
b. The unit is not considered "reserved" until we receive an initial
deposit check.
6. Where do I sign?
a. Purchase Agreement can be signed at Trump in Las Vegas or it can be FedEx
to you.
7. What is the payment Process?
a. Initial Deposit: 10%
i. Check Payable to: "First American Title Company"
b. 2nd Installment/When: 10% at Groundbreak
c. Will the check by cashed? Where will it stay at?
i. The check will be cash and held at First American Title Company in a non-interest
bearing account.
8. Rent revenue spilt?
a. If you decide to participate in the Owner Rental Program with Trump International
Hotel the spilt will be 50/50..
9. What is loan process going to be like?
a. Trump does not have a prefer lender. 2-3 month before Close of Escrow, you
should start the loan process with any lender of your choice. Lender recommendation
are available upon request.
10. HOA? Property Tax? Other fees?
a. HOA is approximately $200-$300/month
b. Property Tax is approximately 1%
c. No other fees are projected at this time.
11. Can clients pick furniture?
a. Each unit will be fully furnished, from bed sheets to silverware wall paintings.
However all interior decoration will be standard, the buyer will not be able
to make any choices.
12. View Direction
a. The North facing units has a view of Stratosphere & Las Vegas Convention.
b. The South facing units has a view Bellagio, Venetian, and Mirage
For more information please log onto the Cosmopolitan website
http://www.trumplv.com/index.html