We are pleased to inform you of last weeks Spanish court victories.
Our legal team secured 7 substantive results with the total awarded being £106,742. Four of these seven cases were against Club la Costa, with the contractual names being Sucursal and Paradise Trading.
In the four CLC cases the nullity of the contracts was determined by the lack of information regarding the property and when they could use it plus the duration of the contract. £19,100 awarded, £10,431 awarded, £17,356 awarded, £17,434 awarded.
A favourable judgment against Silverpoint was obtained, where he nullity of the contract was determined by the lack of information regarding the property and when they could use it and also the contract period. We won the costs and £14,100 was awarded.
In the case against Onagroup, the judgement was favourable to our client, however, two further contracts under company names club Estrella Dorada & Clubhotel La Dorada were not on this occasion. M1 legal will appeal this part of the decision. £18,590 awarded.
Our final substantive judgement to report on from last week was against Albatroz Ventas & Ecomar Continental where £9,720 was awarded.
Furthermore, there were 24 positive Jurisdiction results valued at £466,909. 11 jurisdiction victories this week were 10 Club la Costa and 1 Diamond Resorts. The defence argued that the cases should not be heard in Spain however, the judge overruled that they can, 13 cases were appeals on the last jurisdiction hearing and we won this too.
All jurisdiction cases will proceed in due course.
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.”