[Supreme Court Ruling in Madrid / Law 42/98. AP JAN 1999]
By way of case authority, the Supreme Court in Spain has considered and adjudicated that any timeshare contract signed in excess of 50 years or claimed to be in perpetuity should be considered null and void.
In respect to other EU countries the matter of “perpetuity in timeshare contracts” has not come before the courts. That being so and there is no other legal authority in existence, the courts are fully entitled to rely upon the Spanish authority when considering the legality of perpetuity in timeshare contracts.
Last modified: 3rd September 2020