2010-06-30 -Letter from Andreu and Alenda

Ma Carmen Andreu Lopez
Rosario Andreu Gómez
Fuensanta Ma Alenda Andreu

TO ALL Ml SOL PARK RESIDENTS

We have received in our firm a copy of a letter, whose letterhead reads "Minutes of meeting of Mi Sol Residents which took place in the office of Mi Sol Park on 1st June 2010" and have been requested our legal opinion on whether the document meets the legal requirements of validity.

We indicate the need to comply with legal formalities established in the approved statutes of Mi Sol Park. The observance of these standards is irreplaceable, is a condition for the validity of all acts which have taken place and without observing the provisions of the statute these become ineffective and may not be executed.

The statutes in Article 31 .- provides that:

"The Board of Directors shall meet whenever it is summoned by the President and, in his absence, three of its members, subject to notification five days in advance (except in cases of urgency). The notification to meetings the Board of Directors may be made either by registered letter of                                                                  by                                                                   telephone..,''

However, the referred document may be considered as a unilateral expression of the signatories without their scope becomes more extensive than themselves. Yet there are several points that perhaps should be clarified:

Regarding the possible resignation of Mrs MaureenTaunton for the post of president of the community, this waiver has not officially been made, will therefore held the position of president of the community until her term expires and is not reelected.

Regarding the accountings of the community, once again to express that it is available to all residents, and that it will be submitted for ratification to all and explained in the General Residents meeting of the community to be held in September, as has been doing all these years. At the time of convening the meeting, the Committee will inform all that the books can be examined in the offices of the community.
©
Andreu & Alenda
abogados- solicitors
Telf.: (34) 96 692 77 99                                                                              C/. Caballem de Rodas, n° 27, 2° C
Fax: (34) 96 571 17 21                                                                                             03181 Torrevieja (Alicante)
e-mail: legalservice@AndreuAlenda.com                                                                                    Esparla- Spain