Festiva Management Group Festiva Resorts Festiva Adventure Club dallas North…

I purchased a timeshare (based on a point system) from Festiva Resorts. We purchased 3100 points for $200 per month and a down payment of around $1400.00. During the sales pitch, one of those BUY HERE BUY NOW OR YOU DON’T GET ALL THE SPECIAL OFFERS deals, we were told that these 3100 points would get our family 2-3 weeks a year at Myrtle Beach (depending on when we went), and that we could stay on weekends for as little as $59.00 a night without using points…After everything was signed and done they handed me a large notebook full of Festiva Owner information. After reading through the notebook I received AFTER I signed everything I realized that what I had been SOLD and what I actually BOUGHT were very different. Not only can my family not get 2 weeks at the beach, we can’t even get a week at the beach when there is SNOW on the ground with the points that we have! The room on the weekend for as little as $59.00 a night was a partial truth – they neglected to mention that there is a booking fee that has to be paid! I was also informed that out of the weeks my points would earn me, I could stay a week and rent the other weeks out for a profit…the problem here…Again, I can’t even get one week with snow on the ground…I don’t know where the other “rentalbe”” weeks the sales people were referring to are at! During the presentation the gentleman doing the sales pitch mentioned an OPT-OUT option. I

MYSELF

raised my hand and asked the question that if we purchased

could we excersize this opt-out option and let the time share go at any time without going through a realtor to try and sell it. Yes

was the answer I received. I have since found out that his answer should have been Yes

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