Rancher, you are entitled to your thoughts, but I come to quite different conclusions. I was part of a group that did a detailed review of Northwynd's proposals and the companies' performance under the contracts we signed. We identified a total of twelve breaches of contract and misrepresentations. Our report formed the basis for a group of owners filing Affidavits and Form 67s with the B.C. Supreme Court protesting the Companies' petition. I will cover some of the grievances.
You are wrong that we don't wish to pay maintenance fees or that we didn't expect maintenance would increase over time. We would just love to be paying maintenance fees, but only for the services for which we contracted and for the lessor/lessee relationship we entered into. But, as a result of bad management and a prematurely deteriorating facility, the Companies are attempting to change the rules and off-load the responsibility of a failing facility to the timeshare owners.
A major breach of contract is failure of the manager to manage and maintain the Vacation Resort in a prudent and workmanlike manner. This failure has resulted in significant loss of value to Timeshare Owners, unreasonably increased maintenance costs, diminished the quality of our vacation experience, and placed the future of the complex under doubt and uncertainty. This bad management was manifest in numerous ways, is self-evident, and is freely admitted to by Company management. This in itself could be justification for timeshare owners suing for damages.
Another misconception you have Rancher, is that the timeshare owners are owners of the resort. By saying that we should not be surprised at special assessments, you seem to be equating our interest in a timeshare to an interest in a condominium, where the owner has fee-simple ownership along with associated benefits. We are not owners of the resort, nor do we have the rights and privileges of ownership, such as participating in management or having an equity interest in the resort. Read the contract. It clearly states we have entered into a lease and that the parties have a Lessor/Lessee relationship. Lessees are not responsible for capital improvements. As Lessees we have right of habitability for a fixed period of forty years and then our rights expire with zero residual value. But, the Companies are expecting the timeshare owners to pay for capital restoration of the buildings for which we do not have an equity interest and only they, the real owners of the resort, will benefit. Of course it has to be mentioned that the Companies attempted to shore up this little problem in saddling us with capital costs by attempting to convince timeshare owners to convert (for a price) to "Legacy for Life" contracts and thus responsible for capital restoration of the buildings. Those that did convert claim non-disclosure of serious deficiencies in the property and contract liability for capital improvements.
Another strange interpretation you have is that somehow we should be happy the Company is prepared to take our timeshare back for a cost of about $3,200. So for me, I paid $16,000 for the timeshare and I pay another $3,200 for the Company to take it back for a total cost of $19,200, and I am done out of about 28 years of timeshare benefits. Could anything be any more ridiculous in its absurdity? And they offer this deal despite Clause 13 of the contract that provides a formula for them paying me out at a discounted amount if I default, which is more the way it should work!
I'll state once again that this Company must not be allowed to win in court. If the precedent is court sanctioned that the timeshare owners can be charged for upgrades to capital structures, there will be a never-ending parade of requests for more money for upgrades. And why wouldn't they? They are the real owners of the resort and only they will benefit from a more valuable property. We are lessees and our rights expire with zero residual value after forty years.
This is no time for apathy. If you haven't signed up already, sign on with one of the lawyers representing the owners. If we work co-operatively, the cost per individual will be minimal. If we lose this case, we all lose heavily.