Legal Question in Real Estate Law in Florida

Time-share abandonment

I own a time-share in Florida. The original seller will not take it back unless through collection. I do not want to adversely effect my credit, yet I find it foolish to continue to pay maintenance and taxes on a property I do not really own nor wish to continue to visit. The time-share is free and clear, paid in full, maintenance paid in full for the 2005 year. How can I relinquish this property without it costing me more?


Asked on 3/08/05, 8:28 am

4 Answers from Attorneys

Marc V. Taiani AAAL - Allegheny Attorneys At Law

Re: Time-share abandonment

Unless your initial contract prohibits you, try selling your share of the time share, contact a realtor or advertise....or just give it to a friend or family member.

My office also offers flat rate pricing and free consultations, for additional information please visit my firm's website at www.AlleghenyAttorneys.com or by calling my office at 412.731.0865.

Sincerely,

Marc V. Taiani, Esquire

AAAL - Allegheny Attorneys At Law

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Answered on 3/09/05, 8:58 am
Mark Johns Mark Johns, Esquire

Re: Time-share abandonment

I have seen advertisements for any number of firms that purchase timeshares. I would suggest that you do some research and attempt to sell the property and get some of your money out.

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Answered on 3/08/05, 8:47 am
Alexander M. Rosenfeld Rosenfeld & Stein, P.A.

Re: Time-share abandonment

See previous answer. Or you can give it away. Where is it located?

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Answered on 3/08/05, 9:23 am
Scott R. Jay Law Offices of Scott R. Jay

Re: Time-share abandonment

NOTE: This communication is not intended as and should not be interpreted as legal advice. Rather, it is intended solely as a general discussion of legal principles. You should not rely on or take action based on this communication without first presenting ALL relevant details to a competent attorney in your jurisdiction and then receiving the attorney's individualized advice for you. By reading the "Response" to your question or comment, you agree that the opinion expressed is not intended to, nor does it, create any attorney-client relationship, nor does it constitute legal advice to any person reviewing such information, nor will it be considered an attorney-client privileged communication. If you do not agree, then stop right here, and do not read any further.

Just a bit more info....there is a Century 21 division that specializes in timeshare resales. If you place the term in Google you will get over 500,000 sites. Check out the first several pages and you should be able to find a legitimate site or speak with a realtor in the area in which the timeshare is located and you may be able to list it with them. There is usually a buyer for everything. You have already paid for this year, so you have lots of time to market the unit. Frankly, I am surprised that the Seller will not take back the unit.

Scott R. Jay, Esq., 305-249-8000

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Answered on 3/08/05, 9:30 am


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