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Timeshare Bait and Switch

Timeshare Bait and Switch During a typical timeshare sale, promises are made during the process verbally and in glossy literature touting the opulent surroundings and accommodations in exotic locations throughout the world. However, when you finally book and travel to whatever site may be available – if

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Timeshare Market – Secondary Scams

Timeshare Market – Secondary Scams Chances are good that during the sales pitch leading up to your timeshare purchase, you were promised that you were making a real estate ‘investment’, that there exists a substantial secondary market for timeshare resales, that your timeshare would appreciate in value,

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Learn a little bit about taxes and timeshare cancellation

Learn a little bit about taxes and timeshare cancellation In conjunction with the timeshare cancellation that we may obtain on your behalf, there is the possibility that you will receive a form 1099c from the timeshare developer reflecting cancellation of debt which entitles them to a tax

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The Anatomy of a Timeshare Sale

The bait – The developer entices the prospective purchaser with free tickets to Disney, a free stay at one of the developer’s resort, a deeply discounted cruise, or the like. This inducement may come in the form of a cold call, an ad on the internet, an

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The true cost of timeshare ownership

In keeping with our previous blog(s), the ownership of a timeshare is not to be mistaken with a legitimate real estate ‘investment.’ But is timeshare ownership even cost effective compared to say, paying standard fare by pre-booking at a resort? A recent survey based on Priceline® quoted

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Right to an accounting:

One of the most onerous aspects of timeshare ownership is the assessment of ever increasing ‘maintenance’ fees. In this blog, we have discussed the economics of maintenance fee dues for a hypothetical ‘typical’ resort: An average resort may have 1,000 units, and charge an average of $1,000

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Don’t Get Scammed

Don’t get scammed again: Our law firm has practiced general contract law and litigation for over 25 years, with a special emphasis on timeshare law in more recent years. As a duly licensed attorney, there are certain requirements our professionals have to adhere to in order to

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Learn about timeshare rescission

Timeshare Rescission: The word ‘rescission’ is a form of legalese loosely meaning cancellation, as in your timeshare contract. More technically, ‘rescission’ is a noun deriving from the verb ‘rescind’ – to invalidate or void. If we are able to accomplish this for you, it does several things,

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Timeshare Resales

Timeshare ‘resales’ Often during a timeshare presentation your unscrupulous salesman promised you what a great ‘investment’ your timeshare would be, appreciating in value and sure to bring a nice return upon resale. Along these lines, there are a number of equally unscrupulous characters in the business of

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Caribbean International Corporation – The First Timeshare

The first timeshare in the United States was started in 1974 by Caribbean International Corporation based in Fort Lauderdale, Florida. It offered what it called a 25-year “vacation license” rather than ownership. The company owned two other resorts the “vacation license holder” could alternate their vacation weeks with, one

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