Started by Muggins, March 03, 2016, 10:44:56
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Quote from: Minbin on October 20, 2017, 16:00:14Hi - Looking for some advice regarding MGM Muthu. I advised MGM Muthu back in August 2015 that we wanted to exit our timeshare contract as it was illegal as it was over 50 years. We haven't paid our maintenance fees for 2016 and 2017 and have had an odd chase-up email which I have replied to advising that we are not paying as the contract is unenforceable and a few phone calls which I have ignored. I have now received an email saying the following "In regards to the Spanish law our company has always complied with the laws. If a timeshare company does not have a trustee, then they are not complying with law. However we have had the same trustee for almost 3 decades, therefore the perpetuity is valid and enforceable." Does anybody know if this is correct? I have a feeling that it is just to scare us into paying. They have also offered us a breakaway contract as follows "If you wish to terminate your contract, the Company can offer you a Breakaway agreement. This will wipe out any outstanding fees and will remove any future liability. To clarify you would no longer have a membership. The cost to do this is 3,000 pounds. If you have any interest in this solution I am happy to send you by email the very simple contract." I'd be grateful for any advice anyone can offer. Thanks.