If you are a Pennsylvania resident and own a timeshare that you would like to have cancelled, then our team is available to help. We help timeshare owners find and connect with reputable timeshare exit solution providers who look to help timeshare owners cancel their unwanted timeshares.
Pennsylvania Timeshare Laws
Timeshare laws for the state of Pennsylvania can be found within the Pennsylvania Consolidated Statutes generally at Title 68, Chapter 44. This section generally governs cooperative interests in property. The laws in this act that are related to resales of cooperative interests can be found at Title 68, Chapter 44, Sec. 4409, while the laws relating to escrow of deposits can be found at Title 68, Chapter 44, Sec. 4410. The rules within these sections are designed to protect consumers and can result in legal liability for timeshare sellers if they don’t follow the rules listed.
In the state of Pennsylvania, timeshare sellers are required to give a public offering statement to prospective purchasers. A public offering statement contains important disclosures about the timeshare being offered for sale, including:
- The minimum duration of the timeshares
- The projected common expenses
- The total number of timeshares that may be created
- Your rights to cancellation
The laws that describe all of the mandatory disclosures that need to be made to timeshare property buyers can be found at Title 68, Chapter 44, Sec. 4405 of the Pennsylvania Consolidated Statutes.
In the state of Pennsylvania, you have seven days to rescind a timeshare purchase from the date of the execution of the purchase contract and receipt of the public offering statement. This Pennsylvania timeshare law can be found in the Pennsylvania Consolidated Statutes at Title 68, Chapter 44, Sec. 4408. If you have any questions about Pennsylvania timeshare law, then you should seek the advice of an experienced timeshare attorney. We can help you find that 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 Pennsylvania Timeshare Owners
1. Are there laws in Pennsylvania that protect consumers like me from misrepresentation and high-pressure sales tactics that can occur during timeshare sales?
Answer: Not specifically, while Pennsylvania law provides that damages may be awarded for a failure to comply with the sections of relevant timeshare law at Title 68, Chapter 44, Sec. 4415, there are not a lot of specific laws detailing timeshare sales. Other areas of law may help you however, and a conversation with an experienced attorney could be beneficial to answering your specific questions.
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 return to the timeshare company if you stop paying your maintenance fees, most timeshare contracts allow timeshare companies to foreclose the timeshare in court which would likely result in a money judgement against you. Not paying fees or other money owed can hurt your credit and can result in garnishment. Pennsylvania timeshare foreclosure law and procedure operates under regular state law and can be found starting at Title 68, Chapter 23 of the Pennsylvania Consolidated Statutes which describes the procedures for foreclosure sales.
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 Pennsylvania law, however, you may able to give up ownership of a timeshare by filing a disclaimer. The law on disclaimers in Pennsylvania can be found at the disclaimers section of the decedents, estates, and fiduciaries chapter within the Pennsylvania Consolidated Statutes starting at Title 20, Chapter 62. 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 Pennsylvania legislature that can help timeshare owners in the future?
Answer: No, not at the current time.
Our team of professionals is standing by to help you start the process of getting rid of your Pennsylvania timeshare. In Pennsylvania, 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.