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Oklahoma 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.

There is not a specific set of timeshare laws in Oklahoma. Instead, timeshare laws are sanctioned under real estate, property, and contract laws. We strongly recommend that you consult an attorney experienced in timeshare law to examine you case if you own a timeshare or reside in the state of Oklahoma. A timeshare lawyer can assist you in understanding your rights as a timeshare owner when the timeshare laws are sparse.

Canceling a Timeshare Contract in Oklahoma

The Oklahoma Subdivided Land Sales Code states that any contract or agreement for the disposition of subdivided lands can be canceled at the discretion of the purchaser if the public offering statement has not been given to the purchaser. In addition, §71-643 states that a purchaser has an unconditional right to rescind any contract or agreement until five days after the date the purchaser actually receives a legible copy of the signed contract and the public offering statement.

Timeshare Advertising

In Oklahoma, it is unlawful for a telemarketer to solicit a sale or advertisement sale by inferring that the potential buyer has won a free contest or prize. The Oklahoma code 15-775A protects you from fraudulent and deceptive commercial telephone solicitation. It shall be deemed unlawful for a telemarketer to participate in any deceptive trade practices in regards to timeshare sales and resale.

How to Foreclose on a Timeshare in Oklahoma

In Oklahoma, the seller or owner’s association may foreclose on any delinquent mortgage liens under§60852. In addition, any delinquent assessment liens may also be foreclosed upon in the same way that a mortgage would be.

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Contact us at 1-800-242-0532 for assistance. A lawyer experienced in Oklahoma timeshare law can provide the representation you need to successfully deal with your unique situation.

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