Timeshares can be bought from the “original” developer of a project or from owners who have decided that they are no longer interested in using their property. Measure up purchase prices for both, before you commit yourself to a legal and binding agreement. Secondly, developers often offer a buyer a “cool down” time, which gives a buyer an opportunity to back down from an offer with no penalties applied if you desire to do so. However, keep in mind that the law does not usually apply to resales from an individual owner.
|Sheri Ann Richerson|