DESCRIPTION OF ITEM
This membership is for 200 weeks of use at Palace Resorts. These weeks can be used at any Palace Resort except LeBlanc and Hard Rock in Punta Cana. These are All-Inclusive resorts and the amount to travel varies on the size of the unit and the location.The “all-inclusive” amount for one weeks usage ranges from $1800 to $2800 depending on the resort. The first year available usage is 2011. This membership does not expire as long as there is usage remaining and this is a renewable contract. The contract states that there are 200 Premier Weeks or 100 Presidential Suites. The Premier weeks can be used at any time and as often in a season as you want to travel. The Presidential Suite is available for usage once yearly. According to Palace Resorts there are 5 free weeks available for “all-inclusive” use that will transfer to the new Owner. Owner #7400302. There is no fee to transfer the ownership. The resort pictured below is Moon Palace Golf & Spa resort in Cancun, Mexico. The debtors paid $34,100 for the membership in 2005.
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 Bill of Sale and the Transfer Documents 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.
NAME OF TIMESHARE: Palace Premier Resorts Moon Palace Manzana 40 Lotes 7 y 7A Fracc. Tamul Rancho Cancun, Quintana Roo, MX 011 52 (998) 881-6000
MANAGEMENT COMPANY: Palace Resorts, Inc.8725 N.W. 18 Terrace, Suite 301 Miami, FL 33172 (800) 346-8225
LIENS
We do not know of any liens.
AMENITIES
The Moon Palace offers 15 restaurants, 12 bars (6 swim-up bars), 4 pools, 6 tennis courts, 2 basketball courts, 2 fitness centers, miniature golf, kids club, Discotheque, daily activity programs and theme nights. Please go to the Palace Resorts website to view the Resort possibilities in Cancun, Riveria Maya, Cozumel, Riviera Nayarit, etc.
LOCATION INFO
The spectacular Moon Palace Golf & Spa Resort is located 5 miles south of the airport in Cancun’s tranquil south shore. Nestled between 123 acres of tropical foliage and a secluded white sand beach stretching nearly 2000 feet, perfect for non-motorized water sports, this resort offers 2,103 luxurious rooms with either ocean or garden views. It is divided into 2 sections, Sunrise and Nizuc, each one with its own characteristics. Full fitness facilities, a kids’ club, restaurants featuring a wide variety of cuisines, several bars to quench your thirst and an attentive service staff make this resort a great destination for travelers of all ages.
NOTES
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: Blaser01
Case Name: Jason and Valerie Blaser
Case Number: 10-22544-TUC-EWH
