Timeshare Advisory and Resolution Services LLC (TARS) and the Liberte Management Group Join to Expand Services for Legacy Resorts and Owners.
Timeshare Advisory and Resolution Services LLC (“TARS”) a company dedicated to promoting the interests and rights of long-time timeshare owners, home owner associations, and consumers contemplating the purchase of timeshare, has announced the launch of unique programs designed to ease the transition of long time owners out of their “perpetual” timeshare and also attract new consumers seeking the benefits of timeshare ownership without the burden of increasing maintenance fees or the hassles of resale. In addition, TARS also announced the appointment of several industry leaders to its Board of Advisors and the acquisition of a significant interest in TARS by Liberte Management Group of the Pinellas Islands, Inc. The company will be newly headquartered in Treasure Island, Florida.
With the launch of TARS new “limited term deeded” program, consumers enjoy all the “pros” of traditional timeshare, and none of the “cons”, plus even more benefits, according to TARS President and General Counsel, Martin M. Kandel. “Our program allows legacy owners to safely trade-in their existing traditional timeshare and purchase a limited 5year term timeshare at their Resort”, Kandel said. “Legacy owners will continue to be able to enjoy their resort and unit every year of the term, or rent or exchange it as they do in a traditional timeshare. However, they will no longer be billed any maintenance fees during the entire term, which terminates by going back to the resort with no further obligation. There are no worries about resales or fraudulent transfer and exit companies, and the HOA’s have a systematic and controllable way to make certain all of their intervals are paying intervals”, Kandel concluded.
Dennis F. DiTinno, CEO and President of the Liberte’ Management Group of Companies, will serve as Chairman of TARS and oversee the close association between TARS and Liberte’. “As a Manager of legacy resorts, I have been committed to working toward a robust resale market to benefit resorts and owners, particularly those resorts fighting to remain financially stable and relevant, and bringing new owners to enjoy our products and services. I am excited to join with Marty and devising innovative ways to fight for and protect the resort associations and owners upon whom the timeshare industry was originally built”, DiTinno said. “I believe that what we are doing is to provide ‘out of box solutions in a box for not only the individual owners but the total resort”, DiTinno added.
In conjunction with its Advisory Board and select strategic partners, TARS will provide an ala carte menu of products and enhanced services designed exclusively for the legacy market segment and the new resorts seeking opportunities in salses ans exit stradigies. TARS will work closely with self-managed resorts, management companies (in those instances where such a company has been previously retained by the HOA), and individuals for whom timeshare has become a burden. TARS business objective is to provide new ways to address old problems by enhancing TARS’ original consumer-centric mission to integrate and highlight the need to provide legacy resorts with a means to maintain their resorts for a decade or more or plan for an orderly end to its timeshare program. Along the way, TARS may more readily assist individual legacy timeshare owners in parting with their timeshare as a part of the overall HOA program
DiTinno established Liberte Management and related entities in 1987 to address a burgeoning demand for professional, turnkey resort property management along the Florida Gulf Coast, Liberte Management provides a comprehensive array of personalized services for a wide variety of vacation properties. Services including rentals, sales and resale services for timeshares, resort condominiums and hotels. Clients range from large developers and community associations to individual owners who expect an unparalleled level of quality and commitment. DiTinno served with distinction in Viet Nam as a member of the United States Marine Corps. Kandel attended University of Baltimore School of Law and Rutgers University and is a member of the State Bar of Maryland. He is a former Maryland Assistant Attorney General and Counsel to that state’s Real Estate Commission and Commissioner of Consumer Credit, and is the primary author of the first Maryland Timeshare Act. Since 1984, Kandel has served as counsel to timeshare developers, lenders, builders, and a variety of other industry related clients, as well as individual consumers and consumer groups. He has also operated timeshare development and sales and marketing entities in the US, Australia, and Europe, and has served on the Board of Directors of ARDA and ATHOC.
Contact;
Dennis DiTinno timesharesales@libertemanagment.com
Martin Kandel ………martykandel@tarserv.com
Web sites; www.timesharedream.com www.tarserv.com
