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Another Eight timeshare contracts valued at £132,534 declared illegal

Another Eight timeshare contracts valued at £132,534 declared illegal

We are pleased to inform you of this week's Spanish court victories. M1 Legal secured eight positive awards with a total value of £132,534.

Here is a breakdown of the substantive results:

1st Court of Instance:

  • CLC World x 2 - In Arona, Tenerife, court No. 3, the judge on both cases declared the contracts null under the requirements of law 04/2012 (lack of information regarding the accommodation and contract duration). Amounts Awarded - £13,727, £15,525.
  • Silverpoint - In Arona Tenerife, court No.5, the judge confirmed the case in M1 Legal's favour because the contract did not disclose the minimum accommodation information required and the contract duration (law 04/2012). Amount Awarded - £18,620.

 Appeals:

  • Anfi Sales & Anfi Resorts - In Court of Appeal No.3 Las Palmas, Gran Canaria, it was confirmed that the judgement still stands from the First Instance whereby the contract was declared null and void due to lack of information regarding the accommodation (Law 42/1998). We also won court costs.  Amount Awarded -  £15,989.
  • Anfi Resorts - In the first instance hearing, the judge considered due to non payment of maintenance fees the contract was cancelled and the decision went in Anfi's favour. However, following an appeal from m1 Legal, the decision was revoked and the contract was declared null and void due to lack of information regarding the accommodation. Amount Awarded - £25,028
  • Anfi Sales - In Court of Appeal No.5 Las Palmas, Gran Canaria, it was confirmed that the judgement still stands from the First Instance whereby the contract was declared null and void due to lack of information regarding the accommodation (Law 42/1998).  We also won court costs.  Amount Awarded -  £11,694.
  • Diamond Resorts - In the Court of Appeal No.4 in Malaga, Costa Del Sol, it was confirmed that this judgement still stands from the First Instance whereby the contract was declared null and void due to lack of information regarding the accommodation and contract duration - Amount Awarded - £18,829.
  • Tasolan - In the Court of Appeal No.3 in Las Palmas, Gran Canaira, it was confirmed that this judgement still stands from the First Instance whereby the contract was declared null and void due to lack of information regarding the accommodation. - Amount Awarded - £13,120.

Jurisdiction:

2 cases valued at £23,977

In both cases against Diamond Resorts, the judge declined the argument submitted which ends the jurisdiction issue and can be processed under Spanish law.  Both cases will now proceed to the next step.

About Timeshare Release

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.

The Timeshare Trap

The timeshare trap

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.

Timeshare Owner Reports

Timeshare owner reports

Recent comments from RCI Timeshare owners who have come to us for help with contract cancellation:

Mr Steve R, Middlesex - RCI/Hollywood Mirage

“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.”

Mrs Rachael B, Yorkshire - RCI Europe

“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.”

Read more...