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Original Message:

Re: Manhattan Club Lawsuit (by Dru M.):

This sounds like good news re inherited time shares, but probably checking with lawyers well versed in timeshares would be appropriate. As a residential realtor for 40 years, the AARP info would be contrary to typical residential real estate law. Most real estate contracts of sale have a clause indicating that sale is binding upon buyer and his heirs, meaning if buyer dies prior to closing, his heirs are still responsible for the transaction. However, in many cases selling party may very well not hold the heirs to the terms of the contract or may negotiate some sort of settlement. Timeshares are certainly different in many ways and it would not shock me to find that inheritance re timeshare might be quite different. Most attorneys doing residential real estate closings and some estate work probably don't know that much about timeshare law. Dee