Quick cancel it! -- Timeshare Victims Support Group

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Subject: Quick cancel it!

Author:
Gary

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Date Posted: Sat, Feb 26 2005, 9:53:20
In reply to: Choy Weng Tuck Edmund 's message, "LGM or HMI Membership Scam" on Sun, Jan 02 2005, 5:32:18

KID, since you have just signed it recently, quickly go back and indicate your change of mind. There is now a cooling period for the consumers to use to cancel the timeshare they bought. I think within 1 week or 2 weeks.

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Replies:

[> Subject: What do I need to do?

Author:
Ernest
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Date Posted: Fri, Mar 18 2005, 8:16:33

Hi everyone here.
I just stumbled upon this website early this week. I did a search on Google to find out some information regarding "LGM complaints". I've been seeking information from LGM regarding the transfer of the exchange company from RCI to II but no replies was forecoming from LGM.

I joined or purchase the timeshare for Australia more than 2 years ago. By the way, I've finished paying up my membership and received my certificate around October last year. It is terrible to be reading all the posting here regarding the scam. By the way, as I'm not a Singaporean and not living in Singapore, I wasn't aware of all this problems. I was on holiday in Singapore and chance upon LGM in Orchard road and was dupe into buying the timeshare. Thinking that Singapore is very safe, there wouldn't be any problems with cheating. I was shown the company registrar and the management told me that being located in the esteem Nee Ah City Towers (not sure of the spelling here), they were subjected to the normal inspection before they can set up a shop and wouldn't have a bad reputation.

Anyway, to cut the long story short, I've paid up my full fees, got my certificate and paid up my 1st year maintenance fee. Haven't used my week yet (so I'm still entitled for the 1 week I've paid from the maintenance fee). I don't know what to do at the moment and I'm lost as well. Being so far from Singapore, I only contact LGM via email. Should I sell off my timeshare membership to avoid paying a raising maintenance fee? What can I do? Also, are there any legal issues controling the maintenance fee raise? I was told during the product presentation that we have rights as members to ask and question all maintenance issues of the resort because, in a way we sort of own a share of the resort. But, sad to say I've not heard or receive any newsletter/updates from the resorts...

Anyone can help?

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