Jersey City & New York City Timeshare Lawyers
Serving All of New Jersey Including Jersey City and Hudson County As Well As New York City and Many Portions of New York
A timeshare is a type of ownership or right to use a property, such as a resort condominium unit in which many owners hold the rights to use it, generally being allotted an agreed-upon time period every year. When operated correctly, they are a cost-efficient means by which to enjoy a part of the country for a reasonable period of time. However, disputes do exist, as these agreements can be complicated.
Several types of timeshares exist, including deeded and right-to-use contracts:
- Deeded contracts – are sold as fractional ownerships of real property. Such owners are responsible for their portion of real estate taxes, generally collected as part of their association maintenance fees.
- Right-to-use contracts – allow purchasers to use the property according to the terms of their contract until the contract expires, at which point these rights revert back to the property owner.
Timeshares may be sold as fixed weeks, floating weeks, or rotating weeks. As in any real estate transaction, specific laws and regulations govern timeshare transactions and matters, which is why it is important to consult with a reliable attorney in any aspect of the timeshare business.
Finding Your Trusted Advocacy
We can provide legal counsel on all aspects of timeshare issues and represent owners, developers, homeowners' associations, and other interested parties in these matters, including complex transactions governed by timeshare law including the financing of timeshare developments and timeshare receivable financing.
Whether your legal issue concerns timeshare buying, selling, development, management, foreclosure, or litigation involving any of these areas, we can advise and represent you. We have decades of legal experience dealing with timeshares, condominiums, and general real estate transactions. You can trust that our attorneys will provide the skilled representation you are looking for.
Contact our attorneys today. Proudly serving clients in both New Jersey and New York our timeshare lawyer can counsel and represent you in any timeshare matter you may be involved in.