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Club Land'Or

sharkfisher

Guest
Joined
Oct 23, 2024
Messages
4
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0
Resorts Owned
Iberostar Selection Cancun
Having botched my first attempt to post here goes again. I have been an Iberostar Club member since 2019, but my main reason for joining this site is to see if there is any information on a closed Vacation Club in the Bahamas, Club Land’Or. I have searched on that name, and a whole bunch of threads came up, but not clearly linked to it. Here’s my issue. My widowed mother-in-law is in her nineties, and she lost out to that club. My wife and I would like to know if anyone has information on the closing and in particular about any compensation which other people got. She was offered an alternative club membership, but she didn’t want that. My mother-in-law got nothing. Can anyone help? We want to know, if you got compensated, why didn’t she? Grateful for any help on this!
 

davidvel

TUG Member
Joined
May 9, 2008
Messages
8,588
Reaction score
5,519
Location
No. Cty. San Diego
Resorts Owned
Marriott Shadow Ridge (Villages)
Carlsbad Inn
I guess it is possible, but usually these outfits claim the property has a negative value based on its use as a timeshare. Then they sell for next to nothing, and the buyer miraculously finds an amazing alternative use worth millions. The prior owners get a bag of peanuts of anything.
 

sharkfisher

Guest
Joined
Oct 23, 2024
Messages
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Resorts Owned
Iberostar Selection Cancun
Time does fly, I cannot believe it has been so long since my post. It's too bad that in all this time, no one is able to provide any information on Club Land'Or. It was worth a shot.
 

tschwa2

TUG Review Crew: Veteran
TUG Member
Joined
Dec 19, 2008
Messages
16,278
Reaction score
4,854
Location
Maryland
Resorts Owned
A few in S and VA, a single resort in NC, MD, PA, and UT, plus Jamaica and the Bahamas
Time does fly, I cannot believe it has been so long since my post. It's too bad that in all this time, no one is able to provide any information on Club Land'Or. It was worth a shot.
My understanding was that they were heavily in debt by the time they went under. I doubt anyone got anything.
 
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