Disposing of timeshare or having Holiday Ownership issues is extremely problematic in today's climate. Families who have enjoyed years of good holidays but no longer have need for a long term leisure product – either because of ill health, old age or spiralling maintenance fees – find themselves tied into their ownership through perpetuity clauses which threaten to leave their children with an ongoing liability.
Although many families feel burdened by the ongoing financial obligations of their timeshare and wish to get out, timeshare companies and developers are happy for the situation to continue as they need the annual fees to keep their operations afloat. With the days of soaring sales figures long gone it is simply not in their interest to release owners from these restrictive contracts.
So a timeshare owner who is unable to navigate the complex laws surrounding the product often finds the Timeshare Company or developer unhelpful when they explore the possibility of exiting the contract. Although there is normally a clear way out, the average person soon gets out of their depth and will often face an expensive and protracted legal battle. SIM Legal has the experience to provide correct advice in the beginning so that unnecessary expense can be avoided and future opportunities to claim remain intact.
Whilst many timeshare contracts seem unbreakable at first glance, there are frequently areas where legislation has been breached – often at the point of the original sale – and this is how our team of experts can help to release you from any further contractual timeshare obligation.
If you are unhappy with your timeshare, holiday membership or investment get in touch with us today for expert advice on your options.