We are pleased to inform you of last weeks Spanish court victories.
Our legal team secured 8 results, total awarded £111,465. You can see below a breakdown of these substantive cases.
Four of the wins were against CLC Sucursal & Continental. The nullity of the contracts was determined by the lack of information regarding the properties and when they could use it plus the contract period. In total £199,815 awarded.
Three cases were against Tasolan (Palm Oasis). In the first case, the Court of Appeal has confirmed the first instance judgement nullity in all points and condemned Tasolan to pay the legal costs. £11,930 awarded. There were 2 other awards against Tasolan, £15,368 awarded in total.
The final case to report on was against Silverpoint Vacations. The nullity of the contract was determined by the lack of information regarding the property and when they could use it plus the contract period. £12,259 awarded. This client has already been included in the list of creditors before the Mercantile court in Silverpoint's liquidation.
1 Jurisdiction Positive Result Valued At £18,497 against CLC, this case will now proceed to the next step.
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.”