If you own a timeshare in the state of Connecticut that needs cancellation, then we are ready to help you. Our team links timeshare owners like you with reputable timeshare exit solution providers across the country to help timeshare owners cancel their timeshares legally.
Connecticut Timeshare Laws
The state of Connecticut’s timeshare laws can be found in the Connecticut General Statutes at Title 42, Chapter 734b. The laws related to unfair trade practices can be found at Title 42, Chapter 734b, Sec. 42-103tt, and the laws related to timeshare cancellation can be found at Title 42, Chapter 734b, Sec. 42-103pp. The laws you will find within these sections lay out the rules as they apply to timeshare sellers.
In the state of Connecticut, the law requires timeshare developers to provide timeshare buyers with a disclosure statement before a buyer signs a purchase contract. This disclosure requires the developer to disclose important information related to the timeshare, which includes:
- A description of the duration of the timeshare
- The developers full name and address
- A description of the timeshare accommodations and plan
- Any initial or special fees
- Information about your right to cancel the purchase contract
The laws related to what is required to be on a timeshare disclosure statement in the state of Connecticut can be found at Connecticut General Statutes at Title 42, Chapter 734b, Sec. 42-103mm.
In the state of Connecticut, you have five days to rescind a timeshare purchase contract. You may also be able to rescind your purchase contract up until you receive the required time share disclosure statement. Connecticut General Statutes at Title 42, Chapter 734b, Sec. 42-103pp. If you have any questions relating to timeshare law, then you should seek the advice of an experienced attorney. We can help connect you to a reputable attorney. Give us a call at 833-416-8796 or fill out a form on the right side of the page.
Frequently Asked Questions from Connecticut Timeshare Owners
1. Are there laws in Connecticut that protect consumers like me from misrepresentation and high-pressure sales tactics that often occur during timeshare sales?
Answer: Yes, Connecticut 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. Connecticut timeshare purchasers are protected under the unfair trade practices section of Connecticut timeshare law found within the Connecticut General Statutes at Title 42, Chapter 734b, Sec. 42-103tt.
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. Connecticut General Statutes at Title 42, Chapter 734b, Sec. 42-103yy.
3. Will my heirs be responsible for my timeshare when I die?
Answer: Yes, heirs will most likely be fully responsible for any timeshare that is inherited. Under Connecticut law, however, you may able to renounce ownership of the timeshare by filing a “disclaimer” within nine months of the transfer of property. The law on disclaimers can be found at Title 45a, Chapter 802g, Sec. 45a-579 of the Connecticut General Statutes. It is best to speak to an experienced and qualified attorney to find out if you are eligible to file a disclaimer. We can help you find that attorney, call 833-416-8796 or fill out a form on the right side of the page.
4. Are there any laws pending in the Connecticut legislature that can help timeshare owners in the future?
Answer: No, not at this time.
Our team of professionals is standing by to help you start the process of getting rid of your Connecticut timeshare. In Connecticut, our team’s network of timeshare exit solution providers have helped countless timeshare owners cancel their 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.
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.