Monday, March 03, 2008
The Downside to Living next to the Magic Kingdom Monorail
LAKE BUENA VISTA, Fla. (Orlando Sentinel) – Time-share analysts expect Walt Disney World will have little trouble if and when it begins selling units in "Kingdom Tower" – the half-built project going up next to the Contemporary Resort – in large part because they would be the first time shares within walking distance of the Magic Kingdom monorail. But Disney lawyers, mindful that anything can become fodder for a lawsuit, also make sure to note in pre-sale disclosure documents that there is a downside to being so close to the monorail. The Disney documents warn prospective buyers that the "operation of the existing monorail system may result in noise or light levels in excess of that typically occurring in areas consisting solely of residential accommodations and may result in an obstruction of views."
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