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Condo owners' suit alleges fraud over terms

By Carol Ostrow | Feb 17, 2015

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Three California consumers have sued a group of Nevada hotel businesses, alleging breach of contract and good faith in a property-ownership regulation dispute dating back to 2006. Alice Sinanyan, James Koury and Sehak Tuna, on their own behalf and as representatives, filed a class-action complaint against Luxury Suites International (LSI); RE/MAX Properties; and Jetliving Hotels, d/b/a Jet Luxury Resorts, all of Las Vegas, alleging breach of contract in Clark County Nevada District Court on Feb. 9.

The suit said Sinanyan purchased two condo units in the Signature at MGM Grand in Las Vegas on Aug. 16, 2010. Koury bought two units on Dec. 5, 2006, and Tuna acquired one unit on Nov. 21, 2006. The complaint said all three plaintiffs received marketing materials advertising an introductory rate for a rental program, wherein RE/MAX would agree to rent the condo units to third parties. Each plaintiff signed such an agreement between 2009 and 2014. Owners are required to pay monthly assessments and fees for hotel-type amenities and Internet access. The case files said LSI charged renters additional surcharges without informing the unit owners. A dispute ensued regarding rent-collection terms. The plaintiffs allege breach of fair dealing and fiduciary duty, intentional misrepresentation, unjust enrichment and fraudulent concealment. The suit alleges each of them suffered damages exceeding $10,000, and they are seeking compensatory and punitive damages, attorneys’ and experts’ fees and other expenses.

The plaintiffs are represented by Don Springmeyer, Justin Jones and Royi Moas of Wolf, Rifkin, Shapiro, Schulman & Rabkin, Las Vegas. Case 2:15-cv-00225-GMN-VCF

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