If you own a timeshare in the state of Georgia and are interested in the possibility of cancelling your timeshare, then our team is available to help you. We specialize in linking timeshare owners like you who are looking to cancel their timeshares with reputable timeshare exit solution providers to work together towards timeshare cancellation.
Georgia Timeshare Laws
The state of Georgia’s timeshare laws can be found within the Georgia Code at Title 44, Chapter 3, Article 5. The laws related to false advertising can be found at Title 44, Chapter 3, Article 5, Part 44-3-185, and the laws related to misrepresentation can be found at Title 44, Chapter 3, Article 5, Part 44-3-186. The laws that are within these sections lay out the legal responsibilities of timeshare developers.
In the state of Georgia, the law requires timeshare developers to provide timeshare buyers with a public offering statement. A public offering statement is a set of disclosures that a seller must make about the timeshare, which include:
- The name and address of the developer
- A general description of the timeshare units
- A description of any financing offered by the developer
- Any fees
The laws related to what is required in a public offering statement in the state of Georgia can be found at Georgia Code Title 44, Chapter 3, Article 5, Part 44-3-172.
In the state of Georgia, you have seven days to rescind a timeshare purchase contract not counting Sundays or holidays. Title 44, Chapter 3, Article 5, Part 44-3-174. 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 213-282-5595 or fill out a form on the right side of the page.
Frequently Asked Questions from Georgia Timeshare Owners
1. Are there laws in Georgia that protect consumers like me from misrepresentation and high-pressure sales tactics that often occur during timeshare sales?
Answer: Yes, Georgia 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 forbidden from lying about the buyer’s right to cancel along with any other rights and privileges specified by law. Georgia timeshare purchasers are protected under the statements or representation which are prohibited section of the Georgia Code Title 44, Chapter 3, Article 5, Part 44-3-186.
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 might be 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. Georgia foreclosure law can be found within the Georgia Code at Title 44, Chapter 14, Article 7.
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 Georgia law, however, you may able to renounce ownership of a timeshare by filing a renunciation of property within nine months of the property transfer. The law on renunciation can be found at Title 53, Chapter 1, Article 3 of the Georgia Code. It is best to speak to an experienced and qualified attorney to find out if you are eligible to file for renunciation. We can help you find that attorney, call (213) 282-5595 or fill out a form on the right side of the page.
4. Are there any laws pending in the Georgia 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 Georgia timeshare. In Georgia, 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.
Call us today at (213) 282-5595 or contact us online so we can help connect you with a Georgia 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.