NAME OF TIMESHARE Marriott’s Aruba Ocean Club L.G. Smith Blvd 99 Palm Beach, Aruba Dutch Caribbean 297-58-69000
MANAGEMENT COMPANY Marriott Vacation Club 1200 Bartow Road Lakeland, FL 33801 (863) 688-7700
DESCRIPTION OF ITEM
1 Bedroom/1 Bath Ocean View unit, 1 week Annual usage. Floating Week – Platinum Season (weeks 1-17 & 50-52). Interval AB*5575*10*B. Member #1663657. The 2015 maintenance fees of approx. $1,264.46 were due 1-16-2015. The past due fees are approx. $1,290.00. The fee to transfer the ownership is $100. The membership expires in 2056. First year available usage is 2015 based upon availability at the time of the transfer. The debtors had banked their 2015 week with Interval International. This banked week will be made available to the Buyer for their 2015 usage. There will be a booking fee of a minimum of approx. $60 which will vary depending on the destination chosen for travel. This fee will be payable by the Buyer. Marriott has the Right of First Refusal on this property. Payment must be sent for us to request the Waiver. There is a $95 estoppel fee payable buy the Buyer. If Marriott decides to exercise their Right, your full payment will be refunded. The debtors paid $16,900 in 2002.
IMPORTANT LEGAL INFO
CSAssets specializes in the liquidation of Bankruptcy Assets and Personal Assets. All Bankruptcy Assets are sold “AS IS WHERE IS” with no warranties implied or stated. The Seller and the Bankruptcy Trustee are not responsible for issues, if any, with the title, the condition of the unit, or any liens or encumbrances against the unit. CSAssets has to rely on the information as to the item description that has been provided by the Management Company and/or the Resort or the Debtor. CSAssets cannot guarantee that all of the information is accurate. The Buyer will be entirely responsible for this timeshare after the sale, including but not limited to: paying any fees associated with the transfer of the timeshare, the recording of the deed and/or transfer of membership or Title and the gathering of any documentation necessary for that process. The Seller and Trustee are Not Realtors. CSAssets and the Trustee shall be under no obligation to the buyer except to provide the Buyer with a Trustee’s Deed for the timeshare. CSAssets recommends all bidders perform their own due diligence PRIOR to bidding on this item. As with any Bankruptcy case, this sale may be subject to court approval. Please read all sections of the ad carefully, particularly for real estate sales.
LIENS The 2015 fees of approx. $1,290.00 will be payable by the buyer. We do not know of any liens.
On-Site: Beach, Car Rentals, Casino Gambling, Day Spa, Pool (Outdoor), Equipped Exercise Room, Grocery/Convenience Store, Laundry Facilities, Playground, Restaurant, Tennis and Whirlpool/Hot Tub. Unit: Cooking Facilities, Air conditioning, TV and DVD or VCR. Nearby: Bar/Cocktail Lounge, Boat Marina, Live Entertainment, Fishing, Golf, Horseback Riding, Sailing/Rentals Scuba Diving & Waterskiing.
Set along the pristine Aruba shoreline, Marriott’s Aruba Ocean Club features oceanfront or ocean-view villas, all with a Caribbean flair. Guests will enjoy facilities including a private balcony, whirlpool tub, fully equipped kitchen and wireless internet. Swimming, golf, tennis, shopping, a day spa and Champions sports bar and restaurant await on-site and nearby. The adjacent Aruba Marriott Resort and Stellaris Casino features gaming, fine dining and many other amenities. Aruba’s mainland offers a diverse selection of activities, from water sports to horseback riding and fabulous shopping.
This is all we know about this asset. A title search has NOT been performed on this item. CSAssets does not provide title insurance. If title insurance is desired, the buyer will be responsible for obtaining it through a Title Company. A document preparation fee of $200 will apply and will be included in the total of your invoice. Any fees/liens owing on this item are not part of the final bidding price. Serious Bidders Only. A bid submitted by a potential Buyer is an agreement to our Terms. The eBay disclaimer regarding “contract to purchase” does not apply to our U.S. Bankruptcy Court Ordered Sales. Potential Buyers should not bid unless the fully intend to complete the sale.
Item ID: Masters01
Case Name: George & Jacqualine Masters
Case Number: 14-07156