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The Selling of Timeshare, the Timeshare Laws and Other Relevant Timeshare Related Consumer Laws

Timeshare has been around for many years now. Authorities were initially accused of being slow to act, as the first substantive law concerning the sale and acquisition of timeshare was not introduced until the Timeshare Act 1992. That said when the ball did start rolling many actions followed, with various amendments and continued until the act was replaced by the Timeshare Holiday Products, Resale and Exchange Contracts Regulations 2010 which came into force on 23 February 2011.

Timeshare is a product and many suggest the multi-faceted product comes in many guises and is fully covered by timeshare law. In reality, this is wrong. Timeshare is a product, it’s marketed, presented and sold like many others. The product is underpinned by a selection of contracts, constitutions, warranties, promises and articles of association, all of which are covered by existing legislation, regulation or common law authorities. In short each and every consumer has vast protection from the dubious timeshare industry and its convoluted salesmen. It’s just a matter of understanding and actioning a claim.

From 1997 laws relating to the purchase of timeshare have been founded on Directives issued by the European Parliament. The first Timeshare Directive was issued in 1994 for implementation in 1997 and was quickly replaced by the second Timeshare Directive (2008/122/EC) which was delivered in 2009 for implementation in 2011.

The Government can be slow to act in such circumstances, as the underpinning contractual arrangements lack legal authorities. It is difficult for the many legislators to rely upon credible legal sources and in “timeshare”, a legal stalemate does exist in many facets.

Implementation of the first Directive was in part chaotic with a number of countries modifying the required wording in the Directive. The second Directive does not allow for any variations except those relating to the delivery of enforcement. This ought to ensure that the laws in all EEA countries are unerringly the same, which will minimise consumer confusion and provide traders with a level playing field.

The Consumer Protection Regulations (CPRs), deal with the copious amounts of misleading statements and omissions perpetrated by the timeshare industry. Assistance is given in the protections and may also be relevant where a consumer considers that there was a misrepresentation. But CPRs are only significantly relevant if you have suffered any loss as a result of the misrepresentation.

The Distance Selling Regulations 2000 provides timeshare consumers who purchase a timeshare / long term holiday product or service ‘at a distance’ (i.e. telephone, internet etc.) to cancel the purchase.

The Consumer Credit Act 1974 (CCA74) also provides an opportunity for consumers who paid by credit card or used a ‘linked’ loan for the timeshare purchase, to obtain recompense from the lender via section 75.

The Unfair Terms in Consumer Contracts Regulations 1999 provides enforcement authorities with the strong and directional power to stop the use of contracts which are unfairly biased against consumers.

If you have contemplated and believe the law has been broken

Call TESS Law on 01253 788337

Tell your local Trading Standards Office (usually in the Town Hall). But do so quickly as you may only have a short period of time (perhaps a few days) during which you can easily resolve a problem

Appropriate and relevant laws:

  • Timeshare Holiday Products, Resale and Exchange Contracts Regulations 2010
  • UK Timeshare Act 1992 – repealed on 23 February 2011
  • Spanish Timeshare Laws
  • Full text, in Spanish, of Timeshare Law 8/2012 – became law on 17 March 2012
  • Full text, in English (non-legal translation) of Timeshare Law 8/2012 is available
  • English summary of Spanish Timeshare Law 42/1998 – repealed 17 March 2012
  • Spanish Civil Code
  • Consumer Credit Act 1974
  • Consumer Protection from Unfair Trading Regulations 2008
  • Unfair Terms in Consumer Contracts 1999
  • Distance Selling Regulations 2000.Replaced 13 June 2014 by The Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013
  • “Doorstep” Regulations 1987 {Full title:-The Consumer Protection (Cancellation of Contracts Concluded Away from Business Premises) Regulations }
  • Proceeds of Crime Act 2002
  • Money Laundering Regulations 2007

TESS Law can help and assist you with any timeshare related problems, we do not cold call and do not operate salesmen and product presentations

Last modified: 28th August 2020