Post # 1
I found out today that the place I have already signed a contract for to hold our reception is being auctioned off at the end of the month. I contacted the lady I have been working with and she assured me that the current owners have said that all booked events will be honored. But do the current owners have any say in this?
Has anyone ever had this happen to them? I hope that the site is being honest and I won’t end up with no place to hold the reception, but I also want to be as prepared as possible.
Just as an FYI, the wedding date is set for Sept. 22 this year.
Post # 3
This certainly must be stressful for you. Let’s hope that the new owners honor the previously booked dates. I can’t imagine that they would want to alienate a whole bunch of people by cancelling when they are just starting out.
I don’t want to worry you unnecessarily but new owners sometimes want to do renovations. I might be scouting out an alternate venue, just in case.
Post # 4
@julies1949: That was my biggest concern. They’d shut the place down for months to do renovations and it wouldn’t be ready in time.
Post # 5
I don’t want to scare you, but this happened to a friend of mine. She lost her deposit and had to fine a new venue on short notice.
Post # 6
This happened at my venue a few years ago- in this instance, the NEW management was more organized and more experienced in running events than the last and it was a HUGE improvement in the way the venue did business. I would have an honest and transparent conversation with whomever you booked your wedding through- and find out what the contingency plan is once the venue exchanges hands. I would say that under contract you are protected but you are not, since the legal entity, ie. the venue could change.
Post # 7
if you paid your deposit with a credit card, theres a law, the federal regulation C, entitles consumers to receive refunds if the merchandise delivered doesnt live up to whats promised. just an fyi!
Post # 8
@missashley884: I paid with my debit card and made sure to save an electronic version of my bank statement to show when the money came out of my account in case I ever needed proof.
Post # 9
Not to scare you, but I recently saw a news report locally on this one bride who had put down a deposit on her wedding reception for a year in advance. Within the year, the location changed owners and the new owners asked for a new deposit (bc the old deposit and contract was signed with the old owners) and changed the entire venue into a nautical theme, old gentleman’s club type decor. Legally, they could do whatever they wanted and didn’t have to honor the old contracts. I think the bride couldn’t get their deposit back either because of some contract clause and also I think because the old owners declared bankruptcy. I would try to find who the new owners will be and talk to them as soon as possible along with looking at your old contract to see what happens if something like this happens.
Post # 10
It likely depends what the contract selling the venue says… And I doubt you can get your hands on that paper.