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Subject: walking away? Author: Bev Ballagher [ Next Thread | Previous Thread | Next Message | Previous Message ] Date Posted: 13:31:01 11/16/04 Tue Does anyone know what the penalties are for just walking away from the resort. Being unsatisfied with the charges and being unable to interest anyone in taking our week on we just want to walk away but are unsure if there are any restrictions on doing so. Can anyone advise? Thanks. [ Next Thread | Previous Thread | Next Message | Previous Message ]

Replies:

[> Subject: Re: walking away? Author: Allan [ Edit | View ] Date Posted: 15:37:10 11/16/04 Tue Apparently you can surrender your week to CLC who will be only too happy to accept it. All owners have to sign the back of the member certificate. I fear there will be many in the same position. CLC must be rubbing their hands with glee as their plan comes together and their holding grow at no cost.

[> [> Subject: Re: walking away? Author: splot [ Edit | View ] Date Posted: 04:43:09 11/17/04 Wed >Apparently you can surrender your week to CLC who will >be only too happy to accept it. All owners have to >sign the back of the member certificate. I fear there >will be many in the same position. CLC must be rubbing >their hands with glee as their plan comes together and >their holding grow at no cost. Yes you can just sign it away, but beware of potential problems if you are a RCI points owner and have included the week(s) in your portfolio. I'm looking to had it back, but am waiting for guidance from RCI via email about the potential penalties. I was informed by RCI over phone that I needed to give 13 months notice. Splot - please see earlier threads.

[> [> [> Subject: Re: walking away? Author: splot [ Edit | View ] Date Posted: 08:20:47 12/10/04 Fri As promised I have now had confirmation from RCI Points that as a points owner I will need to give 12 months notice and complete a form from them. It is available via RCI Customer services. Until that is done, you cannot transfer ownership or surrender the week you "own". Hope that helps. Splot

[> Subject: Re: walking away? Author: Vivienne [ Edit | View ] Date Posted: 01:08:58 11/20/04 Sat >Does anyone know what the penalties are for just >walking away from the resort. Being unsatisfied with >the charges and being unable to interest anyone in >taking our week on we just want to walk away but are >unsure if there are any restrictions on doing so. Can >anyone advise? >Thanks. Just received this reply from CLC: "We confirm that you only need to post us the original certificate signed on the reverse by all parties together with a cover letter stating your wish to surrender your property in order we can proceed to close your account. Once the account has been closed you won't be liable for any maintenance fees."

[> Subject: Re: walking away? Author: DavidH [ Edit | View ] Date Posted: 07:16:12 11/20/04 Sat Is this not the worst possible scenario? Investing hard earned cash on the promise of secured future holidays only to be left with two choices - pay up, or give up! No middle ground, no structured options, no regulated payments. This sure cannot be allowed to continue. I too have been informed that none payment will mean being 'thrown out' as a member of CLC for whic acceptance back into it will be by paying all outstanding fees and possibly those criminal surcharges. Why should any one of us have to give up what is rightfully ours to a group of legalised bandits?

[> [> Subject: Re: walking away? Author: Peter [ Edit | View ] Date Posted: 12:30:32 11/20/04 Sat According to the Constitution, It is clearly laid out the methods to be used for non payment of managment fees. SURCHARGES ARE NOT ONE OF THEM. The owners committee members and the 2 CLC members CANNOT AND SHOULD NOT THREATEN Owners with PUNITIVE SURCHARGES. Should any Owner find themselves in a position that means the will need a little time to pay, I suggest they contact one of the OWNERS COMMITTEE REPS. Should they be told they will have to pay punitive surchages, I suggest that they contact a solicitor with a copy of the Constitution.

[> [> [> Subject: Re: walking away? Author: pauline [ Edit | View ] Date Posted: 09:32:44 11/12/05 Sat >According to the Constitution, It is clearly laid out >the methods to be used for non payment of managment >fees. >SURCHARGES ARE NOT ONE OF THEM. >The owners committee members and the 2 CLC members >CANNOT AND SHOULD NOT THREATEN Owners with PUNITIVE >SURCHARGES. >Should any Owner find themselves in a position that >means the will need a little time to pay, I suggest >they contact one of the OWNERS COMMITTEE REPS. >Should they be told they will have to pay punitive >surchages, I suggest that they contact a solicitor >with a copy of the Constitution. i think if anyone is in this unfortunate position it would be much better to offer the week for £100 to 1st come who prove to be genuine owners is better than giving it back to CLC i HAVE SEEN THIS DONE AT sUNSET HARBOUR.

[> Subject: Re: walking away? Author: bev ballagher [ Edit | View ] Date Posted: 13:21:36 11/22/04 Mon Thanks for your advice, unfortunately the CLC haven't replied to 2 requests for information from them re this issue. I see no point in continuing to pay huge fees when we can rent a week cheaper! It's a real shame, when we bought a week the Paradise Club was a good investment, now it is worthless to us, a warning to al owners and potential owners, there apears no end in sight to the high maintenance costs. Bev

[> Subject: Re: walking away? Author: Samlene [ Edit | View ] Date Posted: 14:07:06 12/05/04 Sun >Does anyone know what the penalties are for just >walking away from the resort. Being unsatisfied with >the charges and being unable to interest anyone in >taking our week on we just want to walk away but are >unsure if there are any restrictions on doing so. Can >anyone advise? >Thanks. I have contacted Club la Costa about doing this and have been told that I just have to sign the original document and return to them. It will be a relief to have nothing more to do with Paradise Club. There are lots of places in Tenerife, and elsewhere, to rent,and they can be booked on the internet. At the end of the day Club la Costa are just renting us the apartment for a week. Talk of ownership is nonsense!

[> Subject: Re: walking away? Author: Tina [ Edit | View ] Date Posted: 14:29:21 11/06/05 Sun >So, what if you walked away and refused to sign the back of the membership certificate? I presume CLC need the certificate to snatch back ownership, but why should we make it so easy for them? Does anyone know what the penalties are for just >walking away from the resort. Being unsatisfied with >the charges and being unable to interest anyone in >taking our week on we just want to walk away but are >unsure if there are any restrictions on doing so. Can >anyone advise? >Thanks.

[> Subject: Re: walking away? Author: pauline [ Edit | View ] Date Posted: 09:37:53 11/12/05 Sat >I THINK IF ANYONE IS IN THIS UNFORTUNATE POSITION DO YOU THINK IT WOULD BE BETTER TO OFFER IT TO 1ST COME FOR £100 SAY WHO PROVED TO BE A GENUINE HOLIDAY MAKER AT THE CLUB IT COULD BE ADVERTISED ON THE SITE OR IN SALES . I HAVE SEEN THIS DONE AT SUNSET HARBOUR AND ITS MUCH BETTER THAN GIVING IT BACK TO CLC TO SELL AGAIN Does anyone know what the penalties are for just >walking away from the resort. Being unsatisfied with >the charges and being unable to interest anyone in >taking our week on we just want to walk away but are >unsure if there are any restrictions on doing so. Can >anyone advise? >Thanks.

[> Subject: Re: walking away? Author: DavidH [ Edit | View ] Date Posted: 14:27:06 11/12/05 Sat Hi Pauline, I find myself in the unfortunate position of not being able to pay next years fees, (assuming there still going to be over £350.00 per week). Christmas is going to be a real struggle. In September I found myself without employment when I got back from holiday. I've contacted CLC who have informed that all I need do is issue a letter informing CLC that I no longer wish to keep my weeks, sign it and return the original deeds, duely signed on the reverse. (I would suggest recorded delivery). I've still got weeks banked with RCI but doubt whether they'll ever be used. But its the fees and the lack of leaway in their payments that have killed it for me.

[> Subject: Re: walking away? Author: pauline [ Edit | View ] Date Posted: 15:52:41 11/17/05 Thu >Does anyone know what the penalties are for just >walking away from the resort. Being unsatisfied with >the charges and being unable to interest anyone in >taking our week on we just want to walk away but are >unsure if there are any restrictions on doing so. Can >anyone advise? >Thanks. I know its hard We are about in the same position but surly its better to have a small amount than give it back to CLC just try to see if some genuine person will have it for a small fee dont give it back to them to resell. I know thats what I would do if at all possible. i would rather another member have it than CLC. We bought ours thinking the kids would take it when we are too old to bother traveling but we have 4 and none can afford the growing maintainence charges so not far away we shal be in the sme position.

[> [> Subject: Re: walking away? Author: DavidH [ Edit | View ] Date Posted: 10:19:37 11/20/05 Sun To be honest Pauline, as much as I'd hate to simply give it back, this time of year for the last couple of years, just before notice of the maintenance fees arrive, has always been one of anxiety. The kids are alot older so the importance of top class accommodation doesn't seem such a high priority now when choosing a holiday. With low cost on rentals we had very good holidays through reliable contacts at a good deal less than fees, exchanges and flight only costs. The response in offering to sell has been pitiful to say the least. My view will be of one less worry for the future.

[> [> [> Subject: Re: walking away? Author: splot [ Edit | View ] Date Posted: 03:11:26 11/21/05 Mon David I have to agree. I will also be seriously considering giving it back this year as well. The general costs and feedback about CLC make me think this way. On a similar note about rentals, RCI have a separate website at http://www.mygovholiday.com/ showing rentals at some timeshare resorts for as little as £159 per week. Splot

[> Subject: Re: walking away? Author: pauline [ Edit | View ] Date Posted: 17:03:00 12/07/05 Wed >Does anyone know what the penalties are for just >walking away from the resort. Being unsatisfied with >the charges and being unable to interest anyone in >taking our week on we just want to walk away but are >unsure if there are any restrictions on doing so. Can >anyone advise? >Thanks. I THINK YOU WOULD FIND LOTS OF GENUINE MEMBERS WOULD TAKE YOUR WEEK FREE OF GHARGE TO ADD TO ANY WEEK THEY MIGHT OWN BUT CANT AFFORD TO BUY ANYMORE WEEKS. IF YOU ADVERTISED IT ON SITE AND SEE WHAT RESPONSE YOU GET . ITS GOT TO BE BETTER THAN JUST GIVING IT TO THE GREEDY CLUB, WHO WOULD RESEL IT AS POINTS. WE OWN AT SUNTERRA AND THAT IS WHAT PEOPLE DO THERE. WE ARE ALSO OWNERS AT "pARADISE" AND HAVE BEEN SINCE 1993

[> [> Subject: Re: walking away? Author: splot [ Edit | View ] Date Posted: 04:26:55 12/08/05 Thu I'm sorry Pauline but I must disagree with you! The main reason that many people are giving the weeks back is simply one of cost of maintenance. Just look at the number of posts on this site! I still believe the Paradise Club is a fantastic place, but I simply can't afford the maintence anymore, or even if I could, I can't justify it against another Tenerife resort nearby where the total charge is less for two weeks in a two bed in August, than one week here for a one bed in January. I have had my week advertised through the owners club for over twelve months and no response/interest at all. The cost was very low and still no interest. Regards Splot

[> [> [> Subject: Re: walking away? Author: splot [ Edit | View ] Date Posted: 04:28:49 12/08/05 Thu >I'm sorry Pauline but I must disagree with you! > >The main reason that many people are giving the weeks >back is simply one of cost of maintenance. Just look >at the number of posts on this site! > >I still believe the Paradise Club is a fantastic >place, but I simply can't afford the maintence >anymore, or even if I could, I can't justify it >against another Tenerife resort nearby where the total >charge is less for two weeks in a two bed in August, >than one week here for a one bed in January. > >I have had my week advertised through the owners club >for over twelve months and no response/interest at >all. The cost was very low and still no interest. > >Regards > >Splot