Holiday Group changed the contract expiration date from 2011 to 2015 on my timeshare now contract is void Seattle, Washington
On march 2004, I purchased two weeks of a timeshare, from Holiday Group. I have used these weeks for the last 7 years. This year when I wanted to know how much was my maintaince. I was told my timeshare had expired. On my contract it has the date of expire at 2015, but the holder of the timeshare,said it expired 2011.....now they send me the oridginal contract, and it has expiration date of 20 years from date of purchase which was 1991. I am out 4 more years of my timeshare, and I think this is mail fraud, on part of Holiday Group.
1 Updates & Rebuttals
Evita75
Hayward,California,
Holiday Group Timeshare Sales Agreement
#2Consumer Comment
Fri, October 25, 2013
A timeshare sales agreement is the contract that you get at the moment you purchase a fractional ownership. Most timeshare companies make them long and difficult to understand, so the buyer doesn’t know well what he is getting into, and the terms and conditions are especially made to benefit the resort, but not the owner.
The timeshare sales agreement gives you the right to use the resort, during a certain number of years, for a specific number of weeks. That means that the developer still owns the resort, so your interest would not be considered as real estate. Also, it is very likely that most of the verbal promises told during the presentation are not in the contract, and many of the agreements have no cancellation policy