Last updated September 13th, 2022
If you own a timeshare on the island of Hawaii and are looking to cancel that timeshare, then our team is here to help you. We specialize in connecting timeshare owners with reputable timeshare exit solution providers who help people cancel their timeshares once and for all.
Hawaii Timeshare Laws
The state of Hawaii’s timeshare laws can be found within the Hawaii Revised Statutes at Title 28, Chapter 514E. The laws related to prohibited practices can be found at Title 28, Chapter 514E, Section 11, and the laws on deceptive trade practices can be found at Title 28, Chapter 514E, Section 11.1. You will find that the laws within these sections lay out the legal requirements that timeshare developers must follow.
In the state of Hawaii, the law requires timeshare developers to provide timeshare buyers with a timeshare disclosure statement. A timeshare disclosure statement is a document that discloses important information about the timeshare, including:
- The name and address of the developer
- Any limitations on transfer of your timeshare
- Information about your rights to cancel
- Your total financial obligation as an owner
The laws related to what is required in a timeshare disclosure statement can be found at the Hawaii Revised Statutes at Title 28, Chapter 514E, Section 9.
In the state of Hawaii, you have seven days to rescind a timeshare purchase contract or up until you receive the timeshare disclosure statement, whichever is later. Title 28, Chapter 514E, Section 8. 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 Hawaii Timeshare Owners
1. Are there laws in Hawaii that protect consumers like me from misrepresentation and high-pressure sales tactics that often occur during timeshare sales?
Answer: Yes, Hawaii law prohibits timeshare sellers from specific deceptive trade practices. This forbids a developer from being deceptive on 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. Hawaii timeshare purchasers are protected under the prohibited practices (Title 28, Chapter 514E, Section 11) and deceptive trade practices (Title 28, Chapter 514E, Section 11.1) sections of the Hawaii Revised Statutes.
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 foreclose the timeshare in court which would likely result in a money judgement against you. This can damage your credit and can result in garnishment. Hawaii timeshare foreclosure law can be found within the Hawaii Revised Statutes at Title 28, Chapter 514E, Section 29.
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 Hawaii law, however, you may able to disclaim ownership of a timeshare by filing a disclaimer of property. The law on disclaimers in Hawaii can be found at the Uniform Disclaimer of Property Interests Act Title 28, Chapter 526 of the Hawaii Revised Statutes. 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 833-416-8796 or fill out a form on the right side of the page.
4. Are there any laws pending in the Hawaii 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 Hawaii timeshare. In Hawaii, 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.