Orlando Timeshare Attorney
Orlando is one of the world’s best-known tourist destinations. Each year millions of people flock to see the area’s theme parks and related attractions. For regular visitors who want avoid the hassle of dealing with hotels, a timeshare can seem like a perfect option.
But a timeshare is not a casual purchase. It is a long-term real estate contract that can have a significant impact on you and your family. Many people are pressured into buying timeshares through slick marketing presentations and quickly come to regret their decision. If you find yourself in this position, you need to speak with a qualified Orlando timeshare attorney who can advise you of your options. In many cases it is possible to rescind or cancel a timeshare agreement if you act promptly.
Your Rights Under Florida Timeshare Laws
Timeshares are strictly regulated by Florida law. You have the right to cancel a timeshare contract up until midnight of the 10th calendar day following the latter of either (a) the execution date or (b) the date you received “the last of all documents” that the seller must provide you by law. For example, if you sign a timeshare agreement on the 1st of the month and receive the last of the necessary documents on the 6th, you have until midnight on the 16th to cancel the deal.
And despite what a timeshare salesperson may tell you, this 10-day waiting period cannot be waived by you or anyone acting on your behalf. Indeed, it is against the law to conduct a closing on the timeshare until the waiting period has expired. If the timeshare seller attempts to ignore this rule, any subsequent closing is voidable by you for a period of up to 1 year.
Get Help With an Orlando-area Timeshare Dispute
If you already own a timeshare and are looking to sell, Florida law also provides some important protections from unscrupulous resale agents. Many con artists charge timeshare owners thousands of dollars in upfront fees based on the promise of locating buyers who do not actually exist. That is why it is illegal for any resale service provider to charge more than $75 in fees without first obtaining a written contract. (Such contracts are also subject to a mandatory 10-day cancellation period.) The reseller must also provide you with the name, address, and telephone number of any potential buyer.
Other legal problems that may arise from your timeshare include foreclosure–if you fail to make mortgage payments or pay any mandatory fees and assessments on time–and complications related to inheritance or transfer of your property interest to a family member.
Whatever your issue, the qualified Orlando timeshare attorneys at HD Law Partners can help. We have extensive experience in working with individuals need to get out of their timeshare contracts. If you are having second thoughts about a timeshare deal, it is important to seek advice without delay. Call us today at 800-876-3392 in Orlando or Gainesville, or at 812-253-5333 in Tampa or Sarasota to schedule a consultation.