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Answered in 5 minutes by:
7/19/2016
Chris The Lawyer, Lawyer
Category: New Zealand Law
Satisfied Customers: 32,271
Experience: 42 years qualified as a lawyer; LLB, MMgt and FAMINZ.
VerifiedIt is possible to sell timeshare interests and there are a number of websites where you can list these for sale. However it is not always easy to sell as the market is quite limited. I am not sure if your particular membership is a timeshare, but your best response is to tell them that the position is misleading and deceptive because the holiday is not something you can afford, and have found difficult to sell despite the representations. Often the Fair Trading Act is cited in a defence saying that they have been misleading and deceptive in the course of trade, which can be a fair trading defence to any claims by these holiday companies. The extension of the membership looks dubious to me as well. If this is 10 years of additional membership fees, then I do not believe they can extend it without your agreement. The contracts for these types of holiday do not generally permit you to cancel for any reason, but your best setting up your financial position and explaining that you cannot afford to keep up the membership but also that you are disappointed in the misrepresentations and want to cancel the contract because of those.
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