We are pleased to inform you of last weeks Spanish court victories.
The legal team secured 4 results, 3 being substantive, total awarded was £84,481 which is an average of £21,120 per case.
In another case against Anfi Sales & Anfi Resorts, the nullity of the contract was determined by the lack of information regarding the property, for instance, where and when the owner was entitled to use it. £16,284 awarded.
Our legal team also reported on an award against Silverpoint which, for the very same reasons as the case above had the contract nullified. £44,000 awarded.
The Court of Appeal heard our latest case against Diamond Resorts and this also went in our legal team's favour. The judge in Malaga Court of Appeal denied all points of Diamond's defense and condemned them in costs due to lack of information surrounding the property. £17,597 awarded.
In addition to the substantive victories there were 10 jurisdiction victories, one against MacDonald resorts. The defense challenged the cases to prevent them being heard under Spanish law, 5 were initial hearings, 5 were appeals on the previous decision. All 10 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.”