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Timeshare Scam Questions

A timeshare is a form of ownership or right to the use of a property. Usually the properties are resort condominium units in which multiple parties pay dues for a specific amount of time to be used as a vacation unit. Units may be on a part-ownership or lease/"right to use" basis, in which the sharer holds no claim to ownership of the property. Often people that buy into timeshares soon find that they have bought into a timeshare scam. Read below the most commonly asked questions about timeshare scam.

If someone thinks they have become victim of a timeshare fraud/scam because the time share was presented in Missouri but the deed was recorded in Carolina, what should they do first?

Take your contract to a local attorney for their complete review of the writings as well as all the statements that were made to you during the "sales pitch". This may fall under Missouri or South Carolina law and there is likely a clause in the contract where you agreed to a particular venue. Nonetheless, rather than have you traverse the country in search of a lawyer at this point I think it would be advisable to have a local attorney that help you coordinate and determine what actions are available and where they should be initiated.

If a timeshare in Iowa keeps calling stating they need money to help sell the timeshare, is this a timeshare scam?

More than likely this is a timeshare scam. First, do not make any payment to the people requesting money. Second, contact the Iowa Attorney General Consumer fraud department and file a formal complaint with them. If you know the state where they are located, you can also file a complaint with that state's attorney general.

If someone bought into a timeshare with a company was non-existent with a bogus name, website, and address but had sent numerous money transfers were made to cover deed transfer and other miscellaneous fees before realizing that the company was bogus, is there a way to recoup the money that was sent to Mexico?

While the legal system tries to be inclusive of every possibility, sometimes people are morally wronged but have limited avenues to seek relief. It is unlikely that you will see your money again. If you have sent money out of the country to Mexico the chances of recovering the money are very slim. There are many timeshare scams that are started out of the country.

Where would someone find an attorney to recover a timeshare fraud?

You want a consumer protection attorney or a civil litigator. You can find local ones at http://www.martindale.com/.

How can someone challenge their timeshare contract due to the misrepresentations & omissions that were given to entice the sale of the timeshare?

You would have to go through the court to declare the contract invalid, which would not require you to perform or be obligated under it. You would need to introduce evidence of these misrepresentations and omissions, which were used to entice you to enter into it and that the other party failed to perform as agreed.

Selling timeshare scams have become increasingly popular due to the many unsuspecting people that buy into the timeshare thinking they are getting a good deal. Before you buy into a timeshare, do your homework to make sure the timeshare is a legit company. If you have questions or are not sure about a timeshare offer, ask an Expert for legal insights.
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