We are pleased to inform you of last weeks Spanish court victories.
The legal team secured 8 favourable substantive results with a total amount awarded of £148,581. Below you can find a breakdown of these cases.
In the case against Anfi the Gran Canaria Court of Appeal turned down Anfi's appeal confirming the judgement in our favour and condemning them in costs. £9728 awarded.
In these two Club la Costa cases the nullity of the most recent contracts was determined by the lack of information regarding the property and when they could use it plus the contract period. However, the judge considered previous contracts to be suceeded by the latest. £19,926 total awarded.
In the Tasolan case, the Gran Canaria court of appeal turned down Tasolan's appeal. The judgement was confirmed in our favour dictated in the first instance and condeming them in costs. £24,600 awarded.
In all three of these CLC cases 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. £69,509 total awarded.
In the Silverpoint case 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. £24,816 total awarded.
There were also 4 Jurisdiction victories obtained, valued at £69,906, they were all against Club la costa. On all 4 cases they challenged the cases being heard in Spanish jurisdiction. One was an initial jurisdiction victory, the other three were victories on the appeal. All four cases 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.”