Call for consultation
CALL US NOW 800-242-0532
Louisiana Timeshare Laws
Please be advised that you should not act upon any of this information without seeking proper legal counsel from an attorney experienced in timeshare law. Roberts Law Group makes no representation or warranty regarding the accuracy, reliability, completeness, or timeliness of any information provided. This information is provided for information only. All information posted here should not be used as a substitute for the advice of an appropriately qualified and licensed lawyer.
Timeshare laws in Louisiana are ruled under the Louisiana Timesharing Act RS 9:1131.1. Further clarifications can be found under The Louisiana Administrative Code, Part LXVII which pertains to Real Estate timeshare laws and guidelines.
Developer-Related Timeshare Laws
RS 9:1131.9.1 Louisiana Revised Statutes declares that the developer has responsibilities to manage all aspects of the timeshare plan. This includes the timeshare contracts, advertising, and closings. In addition, the developer is responsible if any violations occur during the offering activities.
Louisiana Timeshare Cancellation Laws
RS 9:1131.10.1: In Louisiana, a purchaser has the right to cancel a timeshare contract without any penalty within seven days of the date the contract is signed or until seven days after you receive the public offering statement, whichever is later.
Regulations of Timeshare Advertising
RS 9:1131.12: Timeshare resale and salespersons will be penalized for any misleading or false advertising. This includes not only publications but telephone solicitation and sales presentations. Any statements predicting immediate increases in the “value” and features of the timeshare are also deemed to be in violation of this timeshare law in Louisiana.
Louisiana Timeshare Foreclosure
RS 9:1131.22: In the state of Louisiana, the managing entity has the right to foreclose on any delinquent liens owed by the timeshare owner. This includes but is not limited to special assessments, maintenance fees, and late fees. Under this timeshare law, in Louisiana these liens may be foreclosed upon in a similar manner to a mortgage.
For more information on timeshare laws in Louisiana, please click here.
Unsure of your legal rights? Let our experienced timeshare attorneys assist you today. Please call us at 1-800-242-0532 for a case consultation.
Free Case Evaluation
Tell us how we can help.
Call 800-242-0532 for immediate help.