If you own a timeshare in the state of Arizona that you need to cancel, then we are here to help. Our team is experienced in helping timeshare owners connect with reputable timeshare exit solution providers across the nation to help timeshare owners cancel their timeshares.
Arizona Timeshare Laws
The state of Arizona’s timeshare laws can be found in the Arizona Revised Statutes at Title 33, Chapter 20 and at Title 32, Chapter 20, Article 9. Within these chapters, you will find laws relating to timeshares that govern:
- Timeshare property management
- Powers of the timeshare housing board
- How long a developer has control over property
- Rules related to foreclosure
- Rules related to financial records
- Rules related to right to prevent a trustee’s sale
- Civil liabilities
- Rules related to rescinding a purchase contract
Note: In the state of Arizona, you have ten days to rescind a timeshare purchase contract. Arizona Revised Statutes at Title 32, Chapter 20, Article 9. This is where you can simply follow the instructions provided to you when you purchased the timeshare to receive a full refund. Typically, you will need to send a letter via certified or registered mail to the timeshare developer to rescind the timeshare purchase.
Frequently Asked Questions from Arizona Timeshare Owners
1. Are there laws in Arizona that protect consumers like me from misrepresentation and high-pressure sales tactics that often occur during timeshare sales?
Answer: Yes, Arizona law prohibits timeshare sellers from misrepresenting a number of things, including the location, size, characteristics, or services associated with a timeshare. Timeshare sellers are also prohibited from misrepresenting the buyer’s right to cancel along with any other rights and privileges provided by law. House Bill 2639 lays out new consumer protections for timeshare buyers and further requires timeshare sellers to make a number of disclosures to buyers.
2. What types of financial harm can I face as a timeshare owner if I simply stopped paying my timeshare maintenance fees?
Answer: Multiple types, while it is possible that the ownership of a timeshare can just revert to the timeshare company if you stop paying your maintenance fees, most timeshare agreements allow timeshare companies to come after you in court which would likely result in a money judgement against you. This can damage your credit and can result in garnishment.
3. Will my heirs be responsible for my timeshare when I die?
Answer: Yes, as an heir you most likely will be fully responsible for any timeshare that is inherited. Under Arizona law, however, you may able to renounce ownership of the timeshare by filing a “disclaimer” which is governed by the Uniform Disclaimer of Property Interests Act in Title 14, Chapter 10 of the Arizona Revised Statutes. It is best to speak to an experienced and qualified attorney to find out if you are eligible to file a disclaimer.
4. Are there any laws pending in the Arizona legislature that can help timeshare owners in the future?
Answer: Yes, the recently passed Arizona House Bill 2639 has amended existing laws and further required disclosures from timeshare sellers.
Our team of professionals is standing by to help you start the process of getting rid of your Arizona timeshare. Our team’s network of timeshare exit solution providers have the experience needed to help timeshare owners navigate Arizona timeshare law to cancel timeshare contracts legally and permanently without harming the timeshare owner’s credit. At Timeshare Exit Companies, we lean on our past experience to help you achieve future success. We help you discover the best timeshare exit companies that can help you get rid of your timeshare once and for all.
Call us today at (213) 282-5595 or contact us online so we can help connect you with an Arizona timeshare exit solution provider who may be able to help you legally cancel your timeshare.
Disclaimer: This page is for informational purposes only. Timeshare Exit Companies does not provide legal services, and none of the information provided in this article should be considered legal advice.