Call for consultation
CALL US NOW 800-242-0532
Texas 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 law in Texas is sanctioned by the Texas Property Code. Chapter 221 is referenced as the “Texas Timeshare Act”. The Texas Real Estate Commission also provides regulations for broker and salesperson licensing.
Right to Cancel a Timeshare Contract in Texas
Under Texas timeshare laws 221.041, a purchaser has the right to cancel their timeshare contract before the sixth day after receiving the disclosure statement or execution of the contract, whichever is later. They may either deliver the timeshare cancellation notice in person or by mail. In Texas, the seller must refund all fees back to the buyer within 30 days.
Texas Timeshare Sales Laws
Statute 221.071 prohibits timeshare developers or salespeople from deceptive trade practices. The seller shall not make any false statements in reference to the timeshare plan or resort including: features, right to use periods, and exchange capabilities. Under this timeshare law, in Texas the seller is also forbidden from predicting any immediate increases in price or value of the timeshare.
Timeshare Foreclosure Laws in Texas
In Texas, a lender may foreclose on a delinquent timeshare mortgage through either Judicial or Non-Judicial foreclosure. To initiate the legal process, the seller must notify the buyer of that their mortgage is in default. The purchaser then has 60 days to file a dispute. Owners may want to have a timeshare lawyer review this notice to ensure that their rights are protected.
Need more help with Texas timeshare law? Contact our timeshare attorneys at 1-800-242-0532 for assistance.
Free Case Evaluation
Tell us how we can help.
Call 800-242-0532 for immediate help.