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Re: Anfi Del Mar, Gran Canaria (by Christopher D.):

The Anfi Way, maybe not? (Part 7 of 7)

EU Directive 122, (16/03/2012) THE EUROPEAN PARLIAMENT AND THE COUNCIL OF THE EUROPEAN UNION (Continued) You will clearly see the following words in the EU Directive 122;

“Member States should not be allowed to maintain or introduce in their national legislation provisions diverging from those laid down in this Directive”.

Real Decreto-ley 8/2012, de 16 de Marzo. Article 37.

3). all pre-existing schemes will have a maximum duration of 50 years, that in the case of the concluded before the entry into force of the law 42/1998 of 15 December,will it be calculated since this date, unless they are of less or that they had made in adaptation, express declaration script continuity indefinitely or for certain period.

4). the regimes of timeshare contract or associative nature relating to real estate sites in Spain referred to in paragraph 8 of article 23, made before the entry into force of the present Royal Decree-Law shall advertise the regime in the registry of property where is located the property as provided in paragraph 8 referred.

Sole repeal provision. Repeal legislation.

The law 42/1998 of 15 December, on rights of timeshare real estate for tourist use and tax rules be repealed.

By this Royal Decree-Law was incorporated into the Spanish legal system Directive 2008/122/EC of the European Parliament and of the Council of 14 January 2008, concerning the protection of consumers in respect of certain aspects of timeshare timeshare, acquisition of holiday products long-lasting, resale and Exchange.

ANNEX I Information form standardized to utilization contracts by turn of timeshare

Part 1:

Brief description of the product (for example, description of the property):

Exact of the right or rights nature and content:

Exact period during which it may exercise the right to object of the contract and, if necessary, its duration:

Date from which the consumer may exercise the right of the contract:

Summary of the main services that can enjoy the consumer (e.g., electricity, water, maintenance, refuse collection) and indication of the amounts to be paid for such services: ****There are many Spanish Timeshare contracts signed before Real Decree 4/2012 (16th March 2012). If your contract states “summary of the main services that can be enjoyed by the consumer” includes WATER & ELECTRICITY ect, then those resorts CAN NOT CHARGE for ELECTRICITY & WATER ect. If your Spanish resort requests you to pay, you are not legally obligated to pay****

Summary of facilities you can enjoy the consumer (e.g. swimming pool or sauna): Are they included in the costs listed above?

Part 2: General information:

During this period of withdrawal, any payment of advances by the consumer is prohibited. Affects ban to any consideration, including payment, the Constitution of guarantees, reservation of money on accounts, explicit acknowledgement of debt, etc. It includes not only payment to the trader, but also to third parties.

6) ADDITIONAL INFORMATION information about the way in which are organized the maintenance and repairs of the property, as well as its administration and management, including the possibility that consumer to influence and participate in decisions relating to these issues and modalities for this participation,

information about whether it is possible or not to join a system of resale of the contractual rights, information about the relevant system and indication of costs related to resale through this system,

where appropriate, the possibility of resorting to a medium of out-of-court dispute resolution.

Acknowledgement of receipt of the information:

Signature of the consumer:

BE REPEALED, by law 4/2012 on July 6 (Ref. BOE-A-2012-9111). IT PUBLISHES agreement of recognition, by resolution of March 29, 2012 (Ref. BOE-A-2012-4915).