Mayan Palace Resorts Complaint - Mayan Palace Scams - Timeshare
HOUSTON, TEXAS -- I would like to inform you of a growing concern about the fraudulent timeshare sales practice that is in effect at resorts in Mexico. Granted, timeshare presentations are always high pressured and you hope that they do not stretch the truth too much. You do not expect them to outright lie about any of the features and benefits they offer. But even worse in this case, I believe they are criminally fraudulent when they make people waive their right to the “cool down” contract rescission period, especially when Mexican law does not allow this right to be waived. They do not give you a copy of the waiver so you are only left with your initials on a clause that said you had five days to cancel.
This is not an isolated incident, see www.tug2.net BBS system, Renting section and search on Please Help or Timeshare Fraud, or visit these great sites of information; www.timesharefraud.info or www.timesharebeat.com/mex-fraud.htm
Please pass on these 3 points to all travelers to Mexico.
1. Be aware that Mexico laws require a 5 day “cool down” contract rescission period for timeshares purchases, and this right cannot be waived.
2. Timeshare values do not increase, aftermarket prices are a great value and at least 50% discounted. (Check Ebay and Google)
3. Timeshare rentals are prices typically at, just over, or actually below the cost of your maintenance fees. (Check Ebay and Google)