What are the implications of giving up a US based timeshare
Country relating to Question: United States
I have timeshare in Florida which I want to get out of.
Have done nothing yet.
HiThank you for your question and welcome to Just Answer. I will try to help with this.Are you in the UK?
I'm a UK citizen living in the UK and bought a timeshare in Florida in April 2010.
All payments on the laon facility set up are up to date . Maintenance fees are up to date apart from the current year which is now due and I'm being chasesd for.
Ok. So are you asking if they can sue ?
Are they likely to persue me in through the UK courts?
They may do so. Some companies are more aggressive than others. In truth it probably isn't cost effective to do so.Although walking away and refusing to pay is actually unlawful it is the most effective means of escaping a time share but it is not painless. They will threaten to take you to UK. for the most part they will not actually do it but there is a risk. Sometimes when they do some owners have defended claims on the basis that there was a misrepresentation at the point of sale. Also it can be argued that the original contract is null and void as its outside of the jurisdiction. There is, however, a risk you would have to go to court over this.Sorry this is probably not the answer you wanted but it is the position that you face and I have a duty to advise you truthfully.Hope this helps. Please press accept and then I will answer your follow up questions for free. Your question will not close but I will thereafter provide you with related further information
Bar Exams, over 5 years in practice.
DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.
The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).