Most of the owner issues boil down to these issues:
1)
Soaring annual fees averaging more than $2,000
per interval
2)
Inability for owners to use their interval
3)
Ability for non-owners to rent inventory for
substantially less than the annual fees when owners are being shut out
4)
Flip-flopping of Manhattan Club management on buying
back intervals from owners who want out
5)
Lack of resale value…if the Manhattan Club
management made an offer to purchase back an interval, the offer was around
$100
6)
Assuming the management will agree to take the
interval back, Manhattan Club owners must pay the 2014 maintenance fee in full
if they want to sell it back to the management even though this means they will
not have use of the interval.
While this blog and other organizations advocate on behalf
of timeshare owners, it is imperative to remember that any and all oral
representations that were made during or subsequent to a sales presentation
cannot be held actionable. So, while
many owners purchased one or more intervals at The Manhattan Club with the intent
to use it “when they wanted to” or “on weekends” because that’s what the
salesperson or management said, there is little that can be done on a legal
basis as these were oral representations, not written.
However, we strongly believe that positive change can occur
when an entity such as The Manhattan Club is faced with not one, not ten, not
hundreds, but thousands of owners
dealing with issues that can only be termed “unfair” and “lacking morality.”
This and many other issues facing timeshare owners clearly
and succinctly illustrate the need for owners get education, have their
documents thoroughly reviewed by a professional with timeshare knowledge and
band together.
As always this blog encourages comments and feedback from
individual owners as well as resort management.
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