We are pleased to inform you of last weeks Spanish court victories.
Our legal team secured 7 results from substantive cases with the total awarded being £109,544.
In three Club la Costa cases, the nullity of the contracts was determined by the lack of information regarding the property and when they could use it plus the contract period. If the CLC company is in liquidation, case will be referred to the insolvency practioner. £52,576 total awarded.
In another CLC case the appeal demanded by Club la Costa was turned down in the court of appeal located in Tenerife. The judgement was confirmed in our favour dictated in the first instance and condeming them in costs. £28,757 awarded.
In the final Club la Costa + Reymonte case, Adriana submitted the claim against CLC Sucursal plus the owner of the property Reymonte SL. The second one was acquitted and Sucursal were condemned to reimburse the amount of the contract due to its nullity. This case has already been presented for consideration in the liquidation process. £16,940 awarded.
In the Fairways case from last weeks report, Sofia has been able to win through lifting the corporate veil on Fairways Club, opening an amazing precedent which enables us to claim against their subsidiaries located in tax havens by showing their connection with the company who actually requests the maintenance fees (Fairways Amarilla). They declare to be separate companies and not part of the contract which is an angle M1 Legal have been trying for years. Finally a successful result.
There were 2 other positive judgements from Anfipan (Airtours) and Anfi - £11,269 awarded in total.
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.”