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Lawyer agrees to injunction in alleged timeshare-donation tax scheme

A Montana lawyer has agreed to an injunction that prevents him from promoting a timeshare program that allegedly allowed unhappy timeshare owners to donate their timeshare to charity and claim an inflated tax deduction.  Lawyer James Tarpey of Bozeman agreed

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Diamond Resorts Accused of Using Hard Sell to Push Timeshares

After crashing in the financial collapse, timeshare sales are rising again, and with them high-pressure sales practices such as those Ms. Gutierrez described. Perhaps acknowledging these problems, some in the industry have cautioned in recent months that regulators from the

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Ritz Highlands owners suing Marriott over timeshare plan (CO)

Plaintiffs who bought high-end fractional interest timeshares at the Ritz Carlton Club at Aspen Highlands are suing the Ritz and its parent company Marriott, claiming that the hoteliers devalued club members’ investments by affiliating the property with less expensive resorts.

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Replay Resorts to take control of Tamarack Resort

Meanwhile, TMA says they will hand over operation and management of Osprey Meadows Golf Course to Retirement Security Plan and Trust in April. The change in management comes in response to a lawsuit filed against the homeowners association. TMA says

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Florida bill to loosen cap on time-share fees draws critics

A bill making its way through the Florida Legislature that would loosen a cap on timeshare assessment fees and make it tougher for buyers to get out of contracts has drawn criticism from time-share owners’ attorneys and advocates.    

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Judge tosses SEC’s fraud case against Cay Clubs condo sales operators

Stung by a judge’s criticism, federal securities regulators have run aground in their civil fraud case against an Orlando businessman and four South Florida associates who were accused of running a $300 million Ponzi scheme involving condo sales.    Read

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Timeshares: Are Owner Complaints about Maintenance Fees Valid?

Sometimes it’s difficult for even the most seasoned timeshare owners to figure out where their maintenance fees are going. Maintenance fees are a necessary part of owning a timeshare. The fee cost is determined by the HOA or the developer,

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