Good morning
@Islandbabe
Welcome to TUG
Read you contract - Very Carefully. You only have 5 days to rescind.
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Theme Park will open . 2018 was the original opening date. I think stage one will likely open this fall / 2023.
But don't hold your breath .....the clock runs on Mexican Construction time.
Is the "sell your weeks back" written in the contract & how does it work?
If this is written in the contract - yours is the first report on TUG of this..
( there are many prior reports of Vida Sales using terminology like this to reduce the pricing -
[ (ie) Feb 2010 to an exchanger "a Mayan Palace 2 bedroom normally goes for $ 29,000- but if you agree to let us use your registered week in 2010 and your Vacation Fare bonus week for the next 5 years, (when we have a May golf tournament); we can offer it to you for $19,000"]
Kingdom of the Sun is a Vidanta brand that is not yet opened, that is designated to be in the Theme Park.
Lets say you pay $ 40,000 today AND the contract says- in writing " if you don't use a particular year in the initial 10 years Vidanta will credit
you the $ 2000 MF / Usage Fee" for that year. This still means you are pre-paying $ 2000 not to use your week.
FYI - one of the hooks that got us to buy in 2006 was the MF on use only (" no go / no pay") addendum that was introduced in fall 2005.
We have used this feature in our contract - but realize we pre-payed $ 400 per week for 50 weeks including the VF bonus weeks. The $ 400 is sunk money and so not using a week cost me no new money. [ note- this is older contract terminology]
FYI - we also traded in a timeshare that we had used to exchange into Mayan Palace - to " lower the price" . ( smoke and mirrors)
It came back to me (because timeshare trade ins are different than car trade ins) I was eventually happy about this ; as we use it for exchanges.