BREAKING: Trump Forced To Sell Mar-a-Lago?
A Zillow listing has made a claim regarding the sale of Donald Trump’s distinctive Mar-a-Lago luxury residence in Florida. The listing asserts that the resort was bought on August 4th, a few weeks prior to the former president turning himself in voluntarily at Fulton County jail in Georgia. This detention was related to his booking on 13 counts of felony.
According to Newsweek, Media outlets have not been able to corroborate the accuracy of the listing independently. Nevertheless, Newsweek has received a statement from the Trump Organization refuting the claim. Eric Trump stated, “Mar-a-Lago has absolutely not been sold nor will it ever be. This rumor is asinine.”
A report from The Express speculated that the ex-president may not have genuinely “sold” the property but could have transferred its ownership to an entity owned by his son, Donald Trump Jr.
Though the residence is not explicitly labeled as “Mar-a-Lago” on Zillow, the provided address aligns with Trump’s Palm Beach abode, as does its approximate size. The listing also notes that the property’s last known sale was on April 6, 1995, the exact date when the former president converted the residence—purchased for $2 million in 1985—into The Mar-a-Lago Club. Zillow records the acquisition cost as $12,000,000.
Although Zillow doesn’t disclose the buyer’s identity, information on the SunBiz website indicates that the current owner of Mar-a-Lago is a company named Mar-a-Lago Inc., possessed by the former president’s eldest son.
Should the Zillow listing prove accurate, Trump would have ostensibly sold Mar-a-Lago, yet his family would retain a personal residence within the property’s premises.
Andrew Weissmann, author and attorney and co-host of the MSNBC podcast “Prosecuting Donald Trump,” brought attention to the ownership transfer of Mar-a-Lago on the platform X, previously known as Twitter, raising the question: “Fraudulent transfer?”
The Express, however, clarified in its report that the transfer of property from Trump to his son was not illegal, despite suspicions on social media about the timing of the supposed sale.
On a Thursday, Trump was processed at Fulton County jail in Atlanta, Georgia, facing 13 felony charges linked to his endeavors to overturn his defeat in the 2020 presidential election within the state.
Since the start of the year, the former president has been indicted on four separate occasions in federal and criminal cases, the most recent being the one in Georgia.
An Atlanta grand jury indicted him earlier in the month, alleging involvement in an election-related scheme with 18 others, including his former personal attorney Rudy Giuliani and former White House chief of staff Mark Meadows, who are both co-defendants in the case. Trump has consistently denied any misconduct, asserting that the case forms part of a political “witch hunt” against him.
Should he be found guilty in the Georgia case, Trump might be disqualified from seeking re-election as per the Constitution. Nonetheless, despite his legal predicaments, he remains the favored candidate for a majority of Republican voters, according to recent polls.
