I've been advising prospective timeshare purchasers for a LONG time on the questions that they need to ask before jumping in.
Those questions involve such things as:
* what is the five year history of the annual maintenance fees
* how sold out is the development
* how is the HOA structured
Now however, I find out that there is another question that needs to be asked. This question is so unexpected that I admit that I was shocked.
Here it is:
"If I purchase this timeshare, am I waiving my rights to enter into a Class Action lawsuit against the developer?"
Yes, you read that right. It seems that a certain timeshare developer includes that somewhere in the morass of 974+ pages of documents that no one (other than themselves) ever reads.
How underhanded do you have to be to know how underhanded your business practices are and prohibit owners from suing you in a Class Action lawsuit?
It's a new low as far as I'm concerned.
Striving to be a catalyst for positive change in the timeshare industry as well as helping consumers make educated choices. Not affiliated with any timeshare or entity. Opinions expressed are my own. Guest posts and respectful comments are encouraged. Looking for the 19 Questions You Need To Ask Before Buying A Timeshare? Contact me at lisaschreier617@gmail.com Follow me @LisaLooksAt
Showing posts with label class action. Show all posts
Showing posts with label class action. Show all posts
Wednesday, April 5, 2017
Subscribe to:
Posts (Atom)