Having been burned by Westgate Vacation Villas arbitrary, unilateral policy change that requires 'seasonal fees" when changing weeks from those owned I am interested in bringing legal action against them. One person fighting a $500 fee and the loss of value on one unit makes no economic sense but there are thousands of owners who have been harmed.
Here is my justification for such a suit:
1. The fees have no relation to the actual value of the weeks owned. Westgate rates the weeks per the following:
Premium: 6, 7, 14, 15, 26, 51, 52
Off Season: 5, 8 -13, 22 - 25, 27 - 34, 47
Value: 1 - 4, 16 - 20, 35 -46, 48 -50
To change a 'Value' week to an 'Off Season' week costs $500. To change a 'Value' week to a 'Premium' week costs $750.
In terms of demand it means that changing a April - May week (Value 16 - 20) to the far less desirable July - August week (Off Season 27 - 34) would cost $500. That makes no sense in terms of the actual desirability of the weeks. I suspect that Westgate has calculated their scheme to produce the most revenue without regard to fair treatment of owners.
2. This policy change has significantly reduced the value of properties owned by fixed week owners. Nothing in the contract allows Westgate to take actions that reduce the value of owner's assets.
I think that such a suit has merit. Note, that I am not an attorney.
If enough others are interested I suggest that we form a committee to search out suitable representation. Perhaps it can be done on a contingency basis since our goal is reversal of the policy, not financial gain.
Any interest? If so, I will publish an email address that you can use to contact me and we will take it off this BB.
Here is my justification for such a suit:
1. The fees have no relation to the actual value of the weeks owned. Westgate rates the weeks per the following:
Premium: 6, 7, 14, 15, 26, 51, 52
Off Season: 5, 8 -13, 22 - 25, 27 - 34, 47
Value: 1 - 4, 16 - 20, 35 -46, 48 -50
To change a 'Value' week to an 'Off Season' week costs $500. To change a 'Value' week to a 'Premium' week costs $750.
In terms of demand it means that changing a April - May week (Value 16 - 20) to the far less desirable July - August week (Off Season 27 - 34) would cost $500. That makes no sense in terms of the actual desirability of the weeks. I suspect that Westgate has calculated their scheme to produce the most revenue without regard to fair treatment of owners.
2. This policy change has significantly reduced the value of properties owned by fixed week owners. Nothing in the contract allows Westgate to take actions that reduce the value of owner's assets.
I think that such a suit has merit. Note, that I am not an attorney.
If enough others are interested I suggest that we form a committee to search out suitable representation. Perhaps it can be done on a contingency basis since our goal is reversal of the policy, not financial gain.
Any interest? If so, I will publish an email address that you can use to contact me and we will take it off this BB.