We received another letter from our Resort advising that due to diminishing revenues they are now converting another block of timeshares into long term rentals.
This block of 4 Units is the one where our 4 weeks are deeded and in our opinion is the preferred block as it overlooks a large lake, the only such block that has this scenic view.
They have indicated that owners of these units will be relocated to the remaining blocks of units that have not yet been converted to long term rentals.
I am not a lawyer but I think that this would invalidate our contract as we are unable to use the units we own.
Anyone care to offer an opinion on this circumstance.
Everything you have described to date about that entire operation frankly seems quite shaky to me. That said,
*if*you have a recorded deed for specific fixed units / weeks, I fail to see how the resort could unilaterally (or lawfully) ignore officially recorded legal instruments identifying your ownership of some very specific pieces of real estate.
I assume that you don't want to incur any legal costs to fight (or exit) this smelly mess. I'd suggest sending correspondence making it clear that you do not believe they have any legal right to "switch" you into a different building / unit ownership other than that which is plainly reflected on your recorded deeds. Also make it clear that you have
no intentions of accepting involuntary ownership of
any arbitrarily assigned "alternative" units or weeks. Bear in mind that grantee
acceptance is a fundamental legal requirement for any deed to have validity; you definitely have some leverage here.
Tell them (in writing) that they can willingly absorb any any all costs for preparing and processing and recording quit claim deed of your existing weeks back to the resort HOA, but that you have
no interest in accepting
any other units / weeks. You want "out" --- not "different units".
You are in the driver's seat here, not them. You reportedly possess valid deeds that they apparently now want, but it also seems evident that there is no intent (or money) to actually
buy your weeks. Negotiate a no cost exit and just get
out of that mess.
You asked for opinions. That's mine, for whatever it may be worth. Good luck.