Ramirez y Ramirez Lawyers
Versión en Castellano

TWO USUAL WAYS TO BUY A TIMESHARE

Tips

In the USA States when you buy a timeshare the transaction is protected by some specific laws which are different according to the State, so you will be entitled to:


1) Interval ownership, where you are an absolute owner with the same rights as any other property owned through a deed: that is to say, you can sell or bequeath your timeshare; or

2) The right to use, where ,after a specific term which may be from 1 to 99 years, the buyer´s rights to make use of the annual segment of his unit return again to the developer or original seller of said property.


In the USA States, when you buy a timeshare the transaction is protected by some specific laws which are different according to the State. Florida laws regulating this matter are known as Condominium Act and Florida Real Estate Timeshare Act, and lay down that, once the agreement is signed, buyers have a specific term to withdraw from said purchase if they change their mind.
Before buying any timeshare unit you should specifically find out which laws regulate this kind of transactions within the State where you are buying. You should also bear in mind that many of these offers can be made in other countries, generally in coastal areas such as the Caribbean, in which case the transaction will be subject to the laws of said country, so to sort out any problem you will have to go to the regulating agencies in this area.

USA laws have no jurisdiction in other countries and there might be differences even in what is stated herein.

A thing to bear in mind is the fact that lots of people think that this kind of holidays is expensive in the long term since you cannot always control when going on holidays, if you will be able to financially afford the expenses that year or if you will take your holidays. In brief, you pay in advance and continuously for something that you do not know if you will enjoy, nevertheless there are too many people who buy timeshare with enthusiasm after a talk and then they regret when they think better of it.

Source: latino.msn.com

Maximiliano Ramírez

Tips

WHEN BUYING A TIMESHARE

Make sure that the timeshare that you are buying is suitable for you and you understand how it operates. Not all timeshare holidays schemes suit all families equally, so you should get information about the different options in order to choose the one which meets all your needs.

ALERT: BRATLEY AND SHARPE

It has come to our attention that a company by the name of BATLEY and SHARPE are offering their services as legal advisors to people affected by timeshare problems, including some of our clients.

Discuss your case with experts

Before entering into any timeshare sales agreement or agreement to resale what one day you purchased you should place the matter in the hands of professionals who will properly advise you whether or not you should take the step that you are being offered, don´t trust those promises made by the advisers or sellers of said companies at all.

AGREEMENTS WITHOUT TITLE DEEDS

If you have an old timeshare, or any other vacation scheme, agreement without a title deed, just call us or send us an e-mail, R & R can help you. Tel: 952 198 452 e-mail: info@abogadosespecialistas.es

OLD AGREEMENTS

If you entered into a timeshare or any other vacation scheme agreement more than 20 years ago and now this is causing you some problems, just call us or send us an e-mail, R & R can help you. Tel.: 952 198 452 e-mail: info@abogadosespecialistas.es

IMPORTANT!

Some clients of our consulting firm are being contacted by the companies CORTEZA MÁLAGA, SAM and FLS asking them for some money. RAMIREZ & RAMIREZ has filed a claim against these companies, so we must advise you not to pay them any money. Should you require any further information, please contact us on 952664151.

Information to avoid abuses by timeshare companies

Timeshare consumers are protected with some rights, although not all of them know said rights and many companies overlook them in their own interest. The information brochure is one of consumers` rights and one of promoters´ duties is to provide them with it.

Don´t pay attention to promises made by timeshare resales companies

Resales companies usually charge their resales fees in advance, don´t pay attention to their promises however much they tell you that your week is of a high value. Paying them in advance is the same as paying a real estate agency its commission in advance before they sell your property.

Never sign an agreement in the spur of the moment.

Sales methods used by timeshare companies are perfectly designed to press for an agreement to be signed by clients on the same day as they have known the product. Do sign nothing at all, although you will be told that the offer (which then will turn out to be less interesting than it seems to be) can be made on that day only. But nothing could be further from the truth

Reject the invitations that you are made in the street

During summer season it is usual to see groups of girls and boys inviting you to visit a hotel under the promise of a gift. Firstly, you will have to give your personal details and even your financial details since this is required by the trading company.

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Teléfono: 0034 952 66 41 51
Fax: 0034 952 46 83 46
info@specialist-lawyers.com
info@abogadosespecialistas.es
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