When I saw the Ninth Circuit decision in the case of James Tarpey, something about it was familiar. It turns out that the opinion by Judge McKeown upholding a penalty of over $8 million dollars was the finale of a story I picked up on October 1, 2016 with Lawyer Subject To Injunction Defends Timeshare […]
The panelists shared perspectives on the need for Association Boards to develop strategic plans and solutions to get their timeshare owners back to vacationing following a disaster, along with steps and resources for determining viable insurance options and resolving related title issues. Read the article………………………..
A County Council measure would expand the definition of timeshare to include stays of up to 180 days to try to limit multiple owners from buying into vacation homes. Read the article………………………..
The Tax Collector’s Office kept mailing out notices saying tax payments were overdue for an abandoned property at 111 West Ave. — and to please pay up. Cue the sound of crickets. Those tax bills — sent to Stonegate Condominium Trust at PO Box 1090 — were returned to sender. The total damage for back […]
With one building stripped to its aging bones, the North Pier Ocean Villas sits vulnerable to whipping salty winds – the fate of the once-popular Carolina Beach timeshare condominium is in flux. Its homeowners association is stuck in debt and lacks the cash necessary to make the repairs necessary ward off a condemnation notice lingering […]
A group of Tennessee condominiums used as timeshares must be classified as residential property, not commercial property, an administrative law judge ruled. (This article can only be read with a subscription to Law360, but we thought it might be of interest) Subscription to Law360 only…………………………………..
Owners of condos at the former Sonesta Great Bay Beach Resort and Casino, now owned by Sunwing Travel Group, are up in arms over the way the new owners have been treating them, claiming that they are being kept in the dark by a lack of information and that they have to pay an indeterminate […]
An Orlando resort that an elderly couple once loved was no longer practical for them. They wanted to stop using it, but were stuck in a timeshare contract with no exit clause. It’s a common problem, but experts say don’t give up hope. There are ways (besides death) to get rid of a timeshare. Read […]
The Aspen Highlands Condominium Association and timeshare owners at the Ritz-Carlton Club have reached a $2.6 million settlement agreement over a disputed affiliation with Marriott Vacation Club Destinations, but not if the hotel giant can help it. Read the article……………………..
More than 560 owners of fractional units at the Hyatt Grand Aspen have seen their timeshares drop in value because of underhanded dealing by Hyatt Hotels, Interval Leisure Group and Marriott Vacations Worldwide, among other entities. That’s part of the accusations made in a complaint filed by G.A. Resort Condominium Association, which has levied 13 […]
Q: You recently published an article stating that the names of fellow unit owners are a public record. Is the rule the same for timeshare condominium associations? Read the Q&A………………………….
The Old Bahama Bay resort faces “irreparable harm” through having to place 1,500 room night reservations “on hold” due to uncertainties over its imminent sale, its condo owners are alleging. John MacDonald, president of Island Ventures Resort and Club (IVRC), the entity formed by the 73 condo owners to keep the Grand Bahama resort open […]
A magistrate judge is allowing owners at the Ritz-Carlton Aspen Highlands to seek punitive damages in addition to monetary awards for claims that their fractional ownerships tanked in value because of an affiliation with Marriott Vacations Worldwide Corp. The Aspen attorney on the fractional owners’ class-action suit, Matthew Ferguson, hailed U.S. Magistrate Judge Gordon P. […]
Investigators said that Hatcher would contact time-share owners across the U.S. — most of them elderly — and invite them to a seminar at a local hotel, where he would pitch a proposal wherein the owners would pay a onetime fee to transfer ownership of their time share. Once the payment was made, the owners […]
More than 240 owners of timeshares at the Ritz-Carlton Club at Aspen Highlands scored a recent legal victory in their litigation claiming their properties’ values dropped by more than 80 percent. Last month a federal judge denied in part an April 2017 motion to dismiss the lawsuit against defendants Aspen Highlands Condominium Association and Marriott […]
Lionel Gossaf arrived in Miami from Brussels on Wednesday evening to try to save his unit at a Miami Beach condo-hotel that has been at the center of an epic fight with the Port Orange, Florida-investment company Schecher Group. But he learned he had already lost the battle. Read the article……………
A collection of north Scottsdale residents are calling into question a development proposal critics say is against the character of the existing neighborhood and behind-the-scene municipal moves on behalf of the developer of the project has some crying foul. Leading the charge against a proposed 62-key timeshare resort property at Troon North on about 3 […]
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 Consumer Financial Protection Bureau could increase their oversight. New rules would affect all operators, including […]
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. Read the article………….
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. Read more………
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, depending on who owns the resort. Part of the fee is the owner’s share of […]