Legal Question in Real Estate Law in Oregon

A company in minnesota has offered me a contract to buy my 2 week timeshare in mexico. but there is a clause int the contract that states' the owner agrees to pay to the agent , at the time of closing , a commision of 8% for the service of the resale of the property, irrespective of whether said sale is effected by the agent ..... ' is this saying i will have to pay them the commision if for some reason this sale falls through?

Asked on 6/26/12, 12:49 pm

Daniel Meek Daniel W. Meek

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That could mean that, if you sell the timeshare to someone else through your own effort, you nevertheless owe aan 8% commission to the agent.

There is a probability that the Minnesota company is a scam, as there are hundreds of timeshare scammers out there. Google timeshare scam.

Answered on 6/26/12, 1:07 pm

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