We are pleased to inform you of this week's Spanish court victories. M1 Legal had a fantastic result against CLC Sucursal and the property owner Reymonte Title 2 SL. Furthermore, the highest award was confirmed against Marriott Vacation Club totalling £28,203.
Please find below a breakdown of the results:
At the Malaga Court of Appeal, the judge revoked the previous decision and declared that the informative document was sufficient proof, as both entities collaborate closely and profit at the expense of the consumer.
This appeal court ruling is confirmation of the conviction against Reymonte which is great news and can serve M1 as a precedent for many other cases against the CLC Monterey resort, or even in other cases where M1 legal can sue property owner companies. Amount Awarded - £16,940.
This week, we heard a case against Diamond Resorts which was an appeal against the decision from the first instance, it was decided that the Spanish courts were incompetent to judge the case. The Court of Appeal revoked this decision and confirmed that the case is suitable to be heard in Spain. The next step will be the preliminary hearing.
During 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.”