Timeshare Consumer Group

[Jon]

warrenpeas Posted: Thu Oct 25, 2007 10:19 pm

...in a timeshare contract?

Perpituity clause? Maybe a note about never being able to sell back to the original company? Any takers?


iluvtuxies Posted: Thu Oct 25, 2007 11:33 pm

I remember seeing a copy of a friend's timeshare contract and it stated in there...buried in pages of text that the owner would be responsible for paying 5 times the amount of the current maintenance fees upon the 25th year of owning the timeshare. The maintenance fees were only $500 a year (that's about average) but that one special assessment fee was therefore $2500 and they had to pay the $500 mf on top of that in that year as well. How about that for an expensive darn vacation. They got rid of it that year, and I think they used one of those timeshare relief companies. I think I'd do the exact same thing...that's just crazy...$2500 special assessment. Eeeek.


derek Posted: Mon Oct 29, 2007 7:23 pm

"Acts of God..."

Most contracts have this kind of language in them, although there was supposedly a timeshare contract that claimed the company was not responsible for acts of God that rendered the timeshares unuseable. So...in case of a fire burning the resort to the ground, you still pay fees? I don't get it. I didn't buy, but a friend who went through the process before backing out said this was a really dubious passage that the reps failed to elucidate. Makes you think.


rita_l Posted: Tue Oct 30, 2007 2:51 pm

Yes, ordinarily the language related to maintenance fees is rather disconcerting, particularly what will happen to you if you DON'T pay -- legal action, etc. Some of those laywers must have taken creative writing classes, too.


evicpin Posted: Thu Nov 01, 2007 8:11 pm

The craziest thing I've ever seen in a timeshare contract?

That's easy. A signature line.