From: J <[email protected]> To: Karyna Shuliak Subject: Re: Bin Ennakhil Date: Mon, 01 Apr 2019 15:46:50 +0000 I sincerely appreciate your kind response.. 1. The authorites s in Rabat told me the same thing and said they would reserve the right to charge me the capital gains as well as the transfer tax. They said that the vendor is trying to avoid tax and as it was I that was helping him I should pay what he owes. They said that many purchases happen as you suggest but not of such a substantial property. 2 The directors do not own the co the shareholder does. so a change in directors is meaningless. 3. AML can be done at the last moment not the first. that is silly, I have bought other properties and am intimately familiar with the reguations. . Your vendor transfered shares from a BVI co , to a stiftung. with no paperwork shown to us. the values were obviously incoorrect. . I dont know what the cost price was of the house so it was difficult to gauge capital gains on profits. I could buy the property and loan the owner the balance on day one to be repaid over four years as the govt allows. thanks for you kindness On Mon, Apr 1, 2019 at 2:35 PM Karyna Shuliak < wrote: Begin forwarded message: From: "Marc.Kensington" Date: April I, 2019 at 5:18:29 AM EDT To: Karyna Shuliak Cc: Mark Lloyd , Alex Peto Subject: Bin Ennakhil Dear Karyna Please read this but my goal is not to change your decision. I hate to leave a sale process with such a bad feeling of the potential buyer. You are an extraordinary wise young woman. I could be your grandfather and the owner is ten years older. This might have had an effect on our discussions which started about 6 weeks ago. I flew numerous times to Italy to negotiate different points. Agreeing the price reduction from 29 (with an additional building permit for hospitality, still pending) to 23 (for a very quick deal). Following, the vendors full point of view The property You visited the property and love