Such contracts extend beyond fifty years, sometimes indefinitely, potentially burdening beneficiaries with fees even after the owner’s passing.
Contracts surpassing fifty years or lacking a specific end date may warrant compensation. However, complications arise when contracts outlast the owner’s lifetime, shifting fee responsibilities to heirs.
As owners age and their ability to utilize the timeshare diminishes, they may struggle with fees they can no longer afford. If you’re facing such challenges, reach out to discuss your case in detail.
Perpetuity Contracts
Floating Weeks & Points
Floating week contracts face scrutiny for their difficulty in securing desired holiday periods. High-demand weeks often get reserved for staff or non-timeshare owners, leaving owners with less desirable options.
This unpredictability has drawn attention to these contracts, prompting many holders to claim against their timeshare companies.
Similarly, points contracts, often marketed as exclusive clubs, come with hefty upfront fees and annual charges. Competition for desirable weeks can leave owners dissatisfied, leading to claims of unfairness.
Mis-selling of Timeshare Contracts
Consider whether your timeshare was mis-sold to you, reflecting on the promises made during sales pitches and scrutinizing your contract for hidden details or misrepresentations.
Evidence supporting mis-selling, such as photos or contract passages, could lead to nullification and compensation.
Failure to offer a cooling-off period is another indicator of potential mis-selling, entitling you to reconsider your decision within a specified timeframe.