COMMISSION ENJOINS TIME SHARE PROJECT

The Real Estate Commission has obtained a preliminary injunction against the Avery County time share project, Westridge at Sugar, prohibiting further sales of time shares at the project. The injunction was granted following a law suit filed by the Commission in Wake County Superior Court against the project's developer, Sugar Mountain Development Corporation, which consented to the injunction.

The Commission had previously revoked the developer's authority to sell time shares at the project when the Commission determined that the project was under the control of persons which the Commission found were unqualified to engage in the time share business. Under the terms of the injunction, the developer end others cannot offer their time shares for sale to the public until the issues raised in the law suit have been resolved.