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quote:Originally posted by j.mcfarlaneSorry you are very wrong. After getting rid of Macdonald, I remember being told by either privately by one of the management company of Loch Rannoch or it was mentioned at an Annual General Meeting that writs were issued against owners who defaulted on their management fees. I do not believe any cases went to court as the owners paid up. The only owner who could not be issued with a writ was Macdonald because of the court case between them and the Loch Rannoch Highland Club.
quote:It was the reverse - Macdonalds issued a writ against Loch Rannoch Highland Club, for the unpaid management fees that they claimed were due to be paid to them. Macdonalds did not dispute their obligation to pay management fees for their unsold units but witheld the money pending the outcome of their dispute with LRHC. The club, having sacked Macdonalds, took the view that Macdonalds should have pursued the matter themselves, when they had the chance and it was their lack of due dilligence that had led to the debts. I don't think they issued writs against any owners and, as far as I know, the money was not recovered.The matter has now been settled and relations between LRHC and Macdonalds, who remain the "founder member", appear to be thawing at the moment.
quote:Originally posted by j.mcfarlaneOh and just a final thought. Do you know how the value of timeshares could be increased quite easily. Allow owners the right to hand their timeshares back when they no longer want it for whatever reason. People are put off timeshare because they fear a millstone round their neck in later life. Without that fear people would be more willing to buy timeshare and the timeshares would earn income from sales of the units handed back.Think about it
quote:Originally posted by Homer ShareSo a timeshare company in the UK can't get at their owners in the UK, or at least daviday doesn't think so (some clarity would be nice).Most people on this forum have timeshare in Spain. There is no evidence of any cases brought against any management charge defaults in Spain. Others have timeshare in India and other parts of the world. There is the same lack of evidence there aswell.These timeshare companies threaten legal action in a heavy handed manner designed to frighten owners. This will only damage their own business by frightening people off buying timeshare.
quote:Originally posted by AngieJohnThank you for your advise. We owe one year management fee. At first they told us that they would repossess if we didn't pay. We told them we were happy for them to do that. Angie