In June 2010, the clients initially purchased RCI points in Florida. In July 2011 they then went to Cala Pi in Majorca with Restotel and traded in their RCI points. The clients were highly pressured into purchasing again and in this instance, the product was primarily sold as an investment and the payments that the clients would receive back over time were sold as hard facts. This never happened and the clients started to realise that they had been mis-sold.
Their case against the contractual party Medhotel S.L. which is part of the Ona Group was assigned to M1 Legal who subsequently filed a lawsuit in the Spanish courts. At the hearing, it was heard that the contract was in perpetuity i.e. no end date and did not disclose the accommodation minimum legal requirements.
The judge declared that the contract be deemed null and void and ordered Restotel S.L. to pay £84,763.
A fantastic victory for M1 and another very happy client.
We are pleased to inform you of the recent Spanish court victories. M1 Legal secured <...
Read moreDuring the Timeshare sales boom of the 80s & 90s, potential buyers were lured in by the promise of affordable exotic holidays, flexible exchange programmes and the impression that Timeshare would be a valuable "investment".
In an industry with little or no regulation, high pressure sales tactics were rife and contract smallprint was often glossed over and explained away by sharp salespeople.
Many Timeshare buyers were therefore unaware that they were actually making significant, long term financial commitments on behalf of themselves and their families.
To find out how you can escape the Timeshare Trap please complete the short Timeshare Release Wizard now.
For many Timeshare owners, annual maintenance fees were barely considered token amounts in the early "honeymoon period" of ownership.
However, year-on-year increases imposed by the resorts over time now mean that the maintenance fees have risen to become substantial sums.
Owners are also facing the prospect of ongoing yearly fee increases and realising that they (and their families) are often committed to long term contracts for generations to come.
Please try our Future Fees Calculator to estimate your liabilities over the term of your Timeshare contract, based on an annual increase of 7.5%.
If you're concerned about rising fees and how to escape the Timeshare Trap, please contact us today.
Recent comments from RCI Timeshare owners who have come to us for help with contract cancellation:
“We 'swapped ‘another place in Tenerife for this in order to move to the points system. Since then, getting exchanges to desirable resorts proves almost impossible, irrespective of in-season or off-season.”
“I purchased my timeshare in 1999 and have been a timeshare member ever since. More often than not, I have not be able to go where I wanted and have ended up giving a few weeks to Friends, etc to book somewhere they wanted in order not to lose the weeks. I have then stayed in a hotel!! I am desperately trying to get rid of the timeshare and am now paying Timeshare Shop in Manchester to get rid of it for me.”
Call now: 
