Octave Contract Services, now part of the Octave Resolution Group, was formed off the back of many years working within the timeshare industry and experience with the good, the bad and the ugly that this industry has to offer.
Following many years of prolific sales amid the heightened birth of timeshare, it has transitioned through a number of phases, all of which designed to cost the owners a substantial amount of money. It now seems to have reached a period whereby, quite rightfully, the owners are now able to do to the resorts, developer and financial institutions what was previously done to them and take money back.
We have been established since October 2020, with the intent to assist timeshare owners with the process of completing such claims but also and probably just as, if not, more importantly to terminate the timeshare contracts completely and permanently.Of course, due to the amount of claims being undertaken against them, certain resorts and developers have developed “exit strategies” to allow you to leave under the proviso that you sign a disclaimer to prevent you from making a claim against them.
Octave Contract Services, always complete our contractual obligations to you using a SRA Regulated Solicitor so that you can have total peace of mind and confidence that you will be treated both fairly and correctly throughout the process.
We prioritise our clients' needs, understanding that each case is unique. Our team of legally trained consultants are committed to delivering tailored solutions, ensuring you receive the attention and representation you deserve. Our comprehensive expertise allows us to handle a wide range of legal matters effectively.
Guaranteed termination within 12 months.
Years of experience
Successful terminations
Our experienced team is fully prepared to guide you through every step of the process. With their extensive knowledge and expertise, they will provide you with clear, personalised support, ensuring you understand each phase and feel confident in your decisions.
From the initial consultation to the final resolution, we are committed to making the process as smooth and straightforward as possible. Trust in our dedicated professionals to help you navigate the complexities and achieve the best possible outcome.
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There are several key reasons why timeshare maintenance fees tend to increase over time. One major factor is inflation, rising costs for labor, materials, and utilities are often passed directly onto owners. Additionally, as resorts age, they require more frequent and costly repairs or upgrades, particularly in locations exposed to harsh weather. In some cases, poor management practices contribute to the problem; inefficient operations or wasteful spending can lead to unnecessary fee hikes.
Another common issue is reserve fund shortfalls, when the resort’s reserve fund is underfunded, the homeowners’ association (HOA) may significantly raise fees to cover unexpected expenses. A decline in ownership participation can also impact fees; when other owners stop paying or abandon their timeshares, the financial burden often shifts to the remaining participants.
Lastly, in resorts still managed by developers or for-profit companies, there may be a financial incentive to inflate maintenance fees beyond what is truly necessary.
