I became the Club Mahindra member in April 2003. My wife was not for it. But I was interested in this, as I want to spend time with family. I thought, I would definitely use it as I invested money on it. But I was not able to as I got the off-season membership. It is Blue- Feb. and August of every year. I can use it only one type above that will be during March and Sept. During these periods my kids are having exam.
This year May I went to Shimla for vacation. I saw the Club Mahindra resort in Kufri. But I was not able to use it. In the last three years I was not able to use it once. I have decided to cancel it.
I went to Club Mahindra office to cancel it. They said it is not possible to cancel it. I was wondering because they said I could sell it whenever I want to sell it. Now they are telling that I can transfer it to someone else and I cannot cancel it. I heard that if I cancel my membership I would be loosing 40% of the money. But I do not know what is the rule.
It is my fault that I did not get the complete details before going for it. Once you are a member, you can cancel your membership within 10 days or six months. Otherwise you cannot sell it to Club Mahindra but you can transfer it to others (I do not know how much money to be paid for this).
Now there are options to use it. I can sell my time-share in the open market and get back my money. But my only concern is the sales person did not tell me that I couldn’t sell it to Club Mahindra (I have to read the agreement that the above statement is right or wrong!!!!).
I learned that go through the rules and regulation (it is tough) and get everything clarified before getting into any agreement. This is my second such experience while signing any agreement. First is at Singapore. After knowing the seriousness of the clause I signed the agreement as I was in need of a job immediately. But this was my mistake that I did not go through it and I took decision very fast with out thinking.
This year May I went to Shimla for vacation. I saw the Club Mahindra resort in Kufri. But I was not able to use it. In the last three years I was not able to use it once. I have decided to cancel it.
I went to Club Mahindra office to cancel it. They said it is not possible to cancel it. I was wondering because they said I could sell it whenever I want to sell it. Now they are telling that I can transfer it to someone else and I cannot cancel it. I heard that if I cancel my membership I would be loosing 40% of the money. But I do not know what is the rule.
It is my fault that I did not get the complete details before going for it. Once you are a member, you can cancel your membership within 10 days or six months. Otherwise you cannot sell it to Club Mahindra but you can transfer it to others (I do not know how much money to be paid for this).
Now there are options to use it. I can sell my time-share in the open market and get back my money. But my only concern is the sales person did not tell me that I couldn’t sell it to Club Mahindra (I have to read the agreement that the above statement is right or wrong!!!!).
I learned that go through the rules and regulation (it is tough) and get everything clarified before getting into any agreement. This is my second such experience while signing any agreement. First is at Singapore. After knowing the seriousness of the clause I signed the agreement as I was in need of a job immediately. But this was my mistake that I did not go through it and I took decision very fast with out thinking.
No comments:
Post a Comment