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mecs
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Re: Caravanserai now Alegria [Re: SXMWendell]
      #1608103 - 10/05/14 12:37 PM (70.198.192.98)

Interesting take on it Wendell. But we own a cemetery here in the states. If we sold it the law would protect those who have purchased lots there and any future owner of the property would have to honor that regardless of what the bank wants. People were led to believe that timeshare law on St Maarten would similarly protect them in the sale of a property being openly used to solicit timeshare purchases.

Edited by mecs (10/05/14 12:39 PM)


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Eric_HillAdministrator
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Re: Caravanserai now Alegria [Re: SXMWendell]
      #1608104 - 10/05/14 12:38 PM (72.60.106.124)

All valid points. Will see what happens.

Thing that seems, at this point in time, might be??????? Is is only those "sales" that took place "after" the bank took control.

So many variables, and some seem to be getting emails and others not. This is not that hard to blast out to everybody. But evidently that did not happen??? So think there is more to the story than we know at this point.

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Eric Hill
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Eric_HillAdministrator
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Re: Caravanserai now Alegria [Re: mecs]
      #1608105 - 10/05/14 12:44 PM (72.60.106.124)

I sort of agree with your assumption. But a cemetary lot is not a time share... Not sure I even want to go there .. Just kidding, so do not take offense.

But there are better laws in the US vs SXM. But even so, there have been many horror stories even in the US about time shares.

I think at this point, people are seeing what has been posted. Maybe that does effect everybody, maybe it does not. The complication of the bank and the foreclosure is a wild kicker is the entire mix.

Not sure at this point anybody really knows?

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Eric Hill
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Bob_Dot
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Re: Caravanserai now Alegria [Re: Eric_Hill]
      #1608106 - 10/05/14 12:59 PM (68.109.114.220)

Since the letter is dated Sep 30th and says RCI is shut off, I think others are getting the letter when the mail backlog clears.

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SXMScubaman
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Re: Caravanserai now Alegria [Re: SXMWendell]
      #1608107 - 10/05/14 01:10 PM (174.31.141.128)

Right on Wendell.

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january
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Re: Caravanserai now Alegria [Re: SXMScubaman]
      #1608108 - 10/05/14 01:22 PM (50.170.55.250)

The details differ but the same thing is going on with the old Fairmont Hot Springs time shares in BC, Canada. The whole mess wound-up in the courts there with the new owners winning the first round but loosing on appeal. The decision was on the law so the case is back to square one.

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SXMWendell
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Re: Caravanserai now Alegria [Re: Eric_Hill]
      #1608109 - 10/05/14 01:33 PM (76.206.23.42)

Remember Pelican was not that long ago. It closed at the last minute for 2 weeks. With no warning to the Leasee's.

SXM??? Wendell


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Todd
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Re: Caravanserai now Alegria [Re: Bob_Dot]
      #1608113 - 10/05/14 01:42 PM (76.27.250.153)

Sure seems like not many have received this, it was sent via email. They certainly have my email address. I know that they have my phone number as well, and my address. I am sure they have most others as well, so I do not get the why on this.

As for his team of lawyers, this gets to opinions of what should be able to be done vs. who will fight against it.

As for the property, you can bet it is going to get nicer and nicer there, especially if they intend to run as a hotel. I do not see this Ray as a guy that wants to own something unless it is nice, something he can be proud of. Think about that statement, in the end that may be key.

I hope we are able to get some clarity this next week.
Cheers,
Todd


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Carol_HillAdministrator
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Re: Caravanserai now Alegria [Re: Todd]
      #1608115 - 10/05/14 01:43 PM (50.102.18.50)

Sorry, it seems like there is some fairly scary clarity right now--the t/s 'owners' are going to take it in the tookus.

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mecs
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Re: Caravanserai now Alegria [Re: Eric_Hill]
      #1608116 - 10/05/14 01:43 PM (70.198.192.98)

No offense taken Eric. Not a perfect analogy. But just making the point that sometimes properties have certain obligations that transfer with them even might not be profitable for future owners.

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