- Joined
- Jul 3, 2016
- Messages
- 899
- Reaction score
- 800
- Location
- West Seneca, NY
- Resorts Owned
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Divi Village Beach & Golf Resort
Vidanta Grand Mayan
Villa del Arco Cobo
Grandview Las Vegas
Vacation Village at Bonaventure
I recently received a letter in the mail from this company. Had never heard of them before but in reading the letter I realized they are a timeshare exit company. But, there is a statement in their letter I thought I'd ask about. It states:
"....an owner who may be affected by new Timeshare Laws allowing developers to raise maintenance fees with no restriction. These new laws may also make it more difficult for owners such as yourself to get rid of your timeshare."
First, is anyone aware of any such timeshare law changes? Second, most contracts that I've seen have a clause that defines a top limit for how much maintenance fees can be increased year to year. Certainly any such law changes couldn't affect what's in a signed contract.
"....an owner who may be affected by new Timeshare Laws allowing developers to raise maintenance fees with no restriction. These new laws may also make it more difficult for owners such as yourself to get rid of your timeshare."
First, is anyone aware of any such timeshare law changes? Second, most contracts that I've seen have a clause that defines a top limit for how much maintenance fees can be increased year to year. Certainly any such law changes couldn't affect what's in a signed contract.