Help w/ Contract Language
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Original Message:
Re: Help w/ Contract Language (by Mike N.):
kimyn wrote:========== First...you did not purchase 1 week/yr for 30 years. According to the contract (BI-ANNUAL Odd Years) you bought 1 week every OTHER year for 30 years (2009, 2011, etc). After the 15th usage, in 2037, you no longer have use of the unit. If this is not what you bargained for, and you are still in the rescindment period, you may want to cancel the contract. I would think that willing a right to use TS is the same as willing a deeded TS, though the heir would only receive the remaining usage.Hi all We bought our 1 week/yr for 30 years TS, starting 2009, in Mazatland last month and just received the Contract Certificate. I have problem understand its language. I called the resort but have not received response yet. Anyone understand it, please help me. Also, does anyone know how to will the RIGHT TO USE TS.Thank you.
The Certificate states: - Use Season or Week BI ANNUAL ODD for each (15) odd years... - The User will take only the interest in the TS interval as set forth hereinand will RELINQUISH any and all residual rights of the claims to such interest on the expiration of the (15) consecutive use periods of user(s). - .,.. From Week 1 to Week 50 only in 2007