Updates about Royal Oasis Timeshare

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The situation at Royal Oasis timeshare has been a complex topic we have tried to address on our blog since problems first began. In fact, some of the first posts on Sell My Timeshare NOW’s Timeshare Owners Blog were about Royal Oasis timeshares.

The Bahamas timeshare resort closed following the tumultuous hurricane season of 2004 and never reopened. Since the closing, there has been much speculation about whether the back-to-back hits the island took from hurricane Frances (considered to be one of the worst to hit the Bahamas in years) and later hurricane Jeanne were solely the cause of the resort’s downfall. Many have said that the timeshare resort was already so financially troubled, that the hurricane damage was simply the proverbial final straw.

Whatever the reason, when the Royal Oasis timeshare resort closed, jobs were lost, family incomes stretched to the brink, and the timeshare owners themselves left high and dry. They couldn’t use their timeshare condos; they couldn’t exchange them and vacation elsewhere, and they were still being required to pay the monthly mortgage payment (if there was still a debt owed), as well as the maintenance fees, on properties that essentially no longer existed.

To gain a better picture of what has happened in the past three and a half years concerning the Royal Oasis timeshares, I recommend you read these previous postings from the Timeshare Owners Blog:

As noted in the post, “Important Information for Royal Oasis Timeshare Owners,” the law offices of Phillips & Garcia, P.C., based in North Dartmouth, MA, are representing Royal Oasis timeshare owners. The case was certified by the Court on January 2 of this year to proceed as a Class Action lawsuit. Included in the action is anyone who purchased timeshare units at the Royal Oasis Golf Resort and Casino, the Royal Oasis Vacation Club and or The Vacation Club at Bahamia, whose timeshare had not yet expired when the facilities were closed in September 2004, and who do not request to be excluded from the class action suit by April 1, 2008.

The official court document states:
“IF YOU CHOOSE TO REMAIN A CLASS MEMBER, YOU DO NOT NEED TO DO ANYTHING AT THIS TIME. IF YOU DO NOTHING, YOU WILL AUTOMATICALLY BE INCLUDED IN THE CLASS.”

To read the court document on this case in its entirety, click on this link: Royal Oasis Timeshares.

You may also wish to contact:

Phillips & Garcia, P.C.
Carlin Phillips, Esq.
13 Ventura Drive
N. Dartmouth, MA 02747
[email protected]

-OR-

Lee & Amtzis, P.L.
Eric Lee, Esq.
5550 Glades Road, Suite 401
Boca Raton, FL 33431

If you have additional information or insights about the Royal Oasis Timeshares, please share it with this blog by leaving a comment on this post.

Also, be sure you read the Timeshare Owners Blog tomorrow for more information about this year’s resort season in the Bahamas.