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I checked the Royal Resorts at TUGBBS.com (Timeshare users group) There are several phases to the development, but they are all 30-year Right to Use. That means that after 30 years, ownership reverts to the developer and timeshare buyers are left with nothing. It is not permanent ownership. One property was sold prior to the 30 years, so timeshare owners were paid for the years they couldn't use (what you're calling the residual). I don't know the basis for the payment, but that does sound very different than "getting your money back after 30 years." Sounds to me like someone is dealing 3-card Monte. Nice friendly patter, and someone even appears to have won. But none of it has anything to do with the Manhattan Club. It doesn't matter because now it's the suckers turn to step up to the table. Jeff, can you block these people before someone takes them seriously and loses more money?