Tim_Hawkins
New Member
My jurisdiction is: Texas
We wish to stop paying maintenance fees on a timeshare in the Carribbean which has no mortgage. Our original contract from 1993 states "The Lessee may, at any time, surrender this agreement by notification, in writing, to the Lessor. The Lessee will be responsible only for the outstanding amounts due the Lessor for maintenance, damages, or other charges then due the Lessor, but will otherwise relieve himself and the Lessor of all further obligations hereunder". The ownership of the resort has changed twice since we bought it. Should we not send any more payments, would our good credit be in jeopardy?
th
We wish to stop paying maintenance fees on a timeshare in the Carribbean which has no mortgage. Our original contract from 1993 states "The Lessee may, at any time, surrender this agreement by notification, in writing, to the Lessor. The Lessee will be responsible only for the outstanding amounts due the Lessor for maintenance, damages, or other charges then due the Lessor, but will otherwise relieve himself and the Lessor of all further obligations hereunder". The ownership of the resort has changed twice since we bought it. Should we not send any more payments, would our good credit be in jeopardy?
th