Mayan Palace 25-Year "Renewal" Option

[ososman]

I own a Mayan Palace (MP) Vacation Club Biannual membership. While vacationing in Puerto Vallarta, I attended a Vida Vacations (MP parent company) sales presentation. The sales rep tried to convince me that my membership (which began in 2003) is for 100 years; and unless I "upgraded" to a Vida Lifestyle membership, I would be passing on the required maintenance fees to my son and/or estate after I died.

The package I purchased was for the Right to Use every-other year for 25 years with the option of renewing for another 25 years.

We've enjoyed our MP membership, but it is our expectation that the membership will end in 2028. My understanding is the MP/Vida can't require us to renew in 25-year increments, as it is "my option." That is how the contract was explained to us. Can anyone confirm this?

Here is the language of our Biannual Agreement -

The right of use granted me is for 25 years, renewable at my option in 25 year increments up to a total, including the initial term, of 100 years. At the time of each renewal, I will pay a renewal fee equivalent to 2.5 then current maintenance fees for each registered week.

I'm assuming the "at my option" means I can opt out after 25 years. I certainly hope it does. Unless, that is, I live to be 140 years old.

 

[LannyPC]

For one thing, anything that TS sales people try to sell you is either based on lies or grossly overpriced (or both). Rarely, if ever, is it sensible to buy something at a TS sales presentation (especially in Mexico).

Secondly, your children will not be required to take over after you die. That is a scare tactic used by many unscrupulous companies but that's another story.

I'm a little unclear on something here. Did you purchase something at this "upgrade" meeting? If so, I (along with many other TUGgers) would recommend you rescind immediately.

 

[pacodemountainside]

It is my understanding under Mexican law terminates in 25 years. Action must be taken by RTU owner to renew.

Interestingly I have been to a few pitches there($300 and breakfast irresistible) and asked sales person how to do. None knew, the olde boss told me.

 

[ososman]

No Way on Upgrade

For one thing, anything that TS sales people try to sell you is either based on lies or grossly overpriced (or both). Rarely, if ever, is it sensible to buy something at a TS sales presentation (especially in Mexico).

Secondly, your children will not be required to take over after you die. That is a scare tactic used by many unscrupulous companies but that's another story.

I'm a little unclear on something here. Did you purchase something at this "upgrade" meeting? If so, I (along with many other TUGgers) would recommend you rescind immediately.

Thank you for your reply.

No, we did NOT purchase an upgrade. We just wanted to verify that there was no truth in the sales rep's threat that we were obligated to renew our current contract for another 75 years. Our contract clearly states that we're done after 25 years, which is fine with us.

 

[ososman]

Last Presentation

It is my understanding under Mexican law terminates in 25 years. Action must be taken by RTU owner to renew.

Interestingly I have been to a few pitches there($300 and breakfast irresistible) and asked sales person how to do. None knew, the olde boss told me.

My wife and I are done with timeshare presentations. It's one thing to lie to me about being able to rent the unit, etc. However, to try to scare me into purchasing MORE time in order to protect my heirs from 100 years of fees, liens on my estate, is despicable. :annoyed:

 

[jyenne]

I own a Mayan Palace (MP) Vacation Club Biannual membership. While vacationing in Puerto Vallarta, I attended a Vida Vacations (MP parent company) sales presentation. The sales rep tried to convince me that my membership (which began in 2003) is for 100 years; and unless I "upgraded" to a Vida Lifestyle membership, I would be passing on the required maintenance fees to my son and/or estate after I died.

The package I purchased was for the Right to Use every-other year for 25 years with the option of renewing for another 25 years.

We've enjoyed our MP membership, but it is our expectation that the membership will end in 2028. My understanding is the MP/Vida can't require us to renew in 25-year increments, as it is "my option." That is how the contract was explained to us. Can anyone confirm this?

Here is the language of our Biannual Agreement -

The right of use granted me is for 25 years, renewable at my option in 25 year increments up to a total, including the initial term, of 100 years. At the time of each renewal, I will pay a renewal fee equivalent to 2.5 then current maintenance fees for each registered week.

I'm assuming the "at my option" means I can opt out after 25 years. I certainly hope it does. Unless, that is, I live to be 140 years old.

I know your post was from 2014, but I had to share our experience today. Just got kicked out of an “upgrade “ presentation by Mayan Palace. We threatened to put the salesman in our will so the 2003 contract wouldn’t burden our children — his upgrade offer was based on that premise. He walked out. The next one walked away when we wouldn’t initial a worksheet offer for their Ambassadors program, which gets terrible reviews online from people who try to redeem the coupons. We’ve sat through so many high-pressure VidantaResort timeshare presentations ... They are painful sometimes even to the salespersons.


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[rpennisi]

Jyenne, I admire your spunk! The putting of the salesperson in your will is priceless!

 

[T-Dot-Traveller]

Just got kicked out of an “upgrade “ presentation by Mayan Palace. We threatened to put the salesman in our will so the 2003 contract wouldn’t burden our children — his upgrade offer was based on that premise. He walked out. The next one walked away when we wouldn’t ......


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Will have to share / What a great idea .

 

[Karen G]

Will have to share / What a great idea .

Thanks for pointing this post out, T-Dot-Traveller. I've posted a link to it on the Mexico forum.

 

[RussellSun]

I know your post was from 2014, but I had to share our experience today. Just got kicked out of an “upgrade “ presentation by Mayan Palace. We threatened to put the salesman in our will so the 2003 contract wouldn’t burden our children — his upgrade offer was based on that premise. He walked out. The next one walked away when we wouldn’t initial a worksheet offer for their Ambassadors program, which gets terrible reviews online from people who try to redeem the coupons. We’ve sat through so many high-pressure VidantaResort timeshare presentations ... They are painful sometimes even to the salespersons.


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This is the best response ever! Next time a Vidanta salesperson pressures me, I will put them in the will for the time share! LOL

 

[Bob Hickam]

Anyone have problems with the Vida Silver package where they promise the additional 4 day free cruise, additional 7 day resort stay at 5 star resorts, then don't have cruises or lodging I would let my dog stay at. I feel like such a fool for purchasing the additional packages.

"

 

[T-Dot-Traveller]

Anyone have problems with the Vida Silver package where they promise the additional 4 day free cruise, additional 7 day resort stay at 5 star resorts, then don't have cruises or lodging I would let my dog stay at. I feel like such a fool for purchasing the additional packages.

"

Please give more details .

This sounds like an " exit package " .
(ie) You said No to the first couple of salespeople and before sign out you said yes to a "can't be beat / low cost deal "

Since you mention cruises - was it a "partner" program with ICE / the company that administers the Vida Dollars program ?