Official TUGBBS Rescission Master
TUG Lifetime Member
- Jun 9, 2019
- Reaction score
- Washington, DC Area
- Resorts Owned
- Wyndham 377k, VV Williamsburg 4L/4 & 2/2, DRI South Bend 1/1
QCD is an entirely different legal specification than resale TS contract.For the half-dozen I've transferred by QCD, no contract or purchase agreement accepted and recorded, . . . . . ???????
Or, for that matter, the nine-or-so I acquired that way.
can is not a sufficient word
FWIW, I've run this by the guy at our legacy resort, where most of the owners acquired by resale . . .
In the absence of clear TS resale contract language or purchase agreement specifying such MF legal obligation, the conduct of the parties will be used to interpret such obligation. If there was even one (1) MF payment with buyer seemingly agreeing to a MF obligation, the court will likely read and enforce a MF legal obligation. If the conduct of the parties isn’t sufficiently clear as well, there Court will use industry standards, which of course require MF payments from TS resale buyers as legal obligations. @SueDonJ