Post reply
Original Message:
Re: bad experience-Taino Beach Resorts, Freeport, Bahamas (by Jennifer D.):
Thank you very much for the warning. I so much wish someone had told me about Taino Beach Resorts before I bought there. It was supposed to be fee simple, my lifetime plus willing the deed after my death to my heirs; when I got the contract it was only for 40 years. The maintenance fees were supposed to never go up an dthat was the big selling point for me. When I got the contract (6 mos later) it say the fees could go up 10% a year over the previous year. They stuck to that until this year, when now they are trying to throw out the old contracts entirely and make people pay 6 times higher maint fees this year, or else get out and abandon their timeshares!!! TIme for a lawsuit. Bunch of thieves.
I MUST AGREE!!! We bought in 1999 because of their promise of low maintenance fees. They not only added 10% every year, but now Levy and Taxes too. Also, they want us to pay for damages from 2004-2006 from an act of GOD!!! They sent me a letter saying our Gift Certificate (yeah, the one we are supposed to be able to pass on to our heirs and get $14,000 in 3 years from now) has been cancelled due to my non-payment of special assessment fees that supposedly their government said they can charge!!!! What does "no provision for rescission" means? We should band together in a collective lawsuit. They ARE robbing us!