Hi all,
I've been searching through the threads but couldn't find a situation that was similar to mine. I purchased a Suite Park Loft from our visit last week unknowingly that the park is now being redesigned into something else. I've also started to see GL units in PV that are much cheaper than what I bought. We stayed at the GL for half our trip after purchasing on 6/19 which was given to us as an "International Sales Move In Application". On 6/24 I sent my registered mail with return receipt cancellation with all necessary info...I was waiting for the next steps and I get a call today regarding the cancellation process and was told to look at that application.
Print at the bottom reads:
In the event this agreement is terminated by my (Our) own volition, I(we) agree to pay the full cost for the rack rate of the room occupied (2,500USD per night); to be charged to credit card.
So basically he says if my cancellation goes through, I need to pay $10,000 for the 4 nights we stayed in the suite. Am I screwed because I signed this document? The paper doesn't look like any of the other contract documents. It was not signed by anyone there. The document doesn't even have any kind of wording regarding expiration. Is the document void since I already checked out? Any help would be greatly appreciated. I'm almost tempted to just bite the bullet on this one to save me from a bigger expense of paying the entire timeshare.
Thank you for your time and hope that there is a way out,
I've been searching through the threads but couldn't find a situation that was similar to mine. I purchased a Suite Park Loft from our visit last week unknowingly that the park is now being redesigned into something else. I've also started to see GL units in PV that are much cheaper than what I bought. We stayed at the GL for half our trip after purchasing on 6/19 which was given to us as an "International Sales Move In Application". On 6/24 I sent my registered mail with return receipt cancellation with all necessary info...I was waiting for the next steps and I get a call today regarding the cancellation process and was told to look at that application.
Print at the bottom reads:
In the event this agreement is terminated by my (Our) own volition, I(we) agree to pay the full cost for the rack rate of the room occupied (2,500USD per night); to be charged to credit card.
So basically he says if my cancellation goes through, I need to pay $10,000 for the 4 nights we stayed in the suite. Am I screwed because I signed this document? The paper doesn't look like any of the other contract documents. It was not signed by anyone there. The document doesn't even have any kind of wording regarding expiration. Is the document void since I already checked out? Any help would be greatly appreciated. I'm almost tempted to just bite the bullet on this one to save me from a bigger expense of paying the entire timeshare.
Thank you for your time and hope that there is a way out,