Around 9.9 million households in the U.S. have a timeshare, and many people purchase them every year. Even so, they sometimes lead to disputes within families. It’s essential to have your financial investment covered if you ever have to take action against the timeshare company.
If you have grand plans to buy a timeshare in the near future, you need to think long and hard about how to protect your investment. Buying a timeshare is a great decision but you need to stay on your toes as it’s not a done deal as yet. You still have some work to do on your end to validate the purchase and protect your investment.
If you’re not sure how to do this, the key is to select a timeshare attorney and work with them. Once you’ve found the right attorney, the sky’s the limit as to the services they can provide. Continue reading our guide to learn what to look for when vetting these professionals.
Make Sure the Attorney is Experienced in Timeshare Law
You may have purchased a timeshare for what seemed like a good price, only to find out later that you’re paying way too much in fees and assessments. If you’re stuck in a timeshare contract that you can no longer afford, there are attorneys who specialize in a strategy for exiting a timeshare.
It’s important to note that a timeshare exit strategy can be complex and time-consuming, so you’ll want to make sure you select an attorney who has experience and success with this type of work.
Choosing the right timeshare attorney is critical to getting the best results in your case. There are many different aspects of timeshare law, and you want to make sure that your lawyer is familiar with all of them. The lawyer should also be familiar with the process of buying and selling timeshares.
The attorney should also be familiar with the specific resort where you own your timeshare. This will ensure that he knows the resort’s policies and procedures and can effectively represent your interests. Selecting an experienced timeshare attorney will give you the best chance at a successful outcome.
Ask Your Attorney for References
Any experienced attorney will have a list of references that they are happy to provide to their potential clients. When interviewing one, be sure to ask for this list of references. These references can provide invaluable insight into the attorney’s experience and effectiveness.
Be sure to contact them and ask them about their experience working with the attorney. Find out if they were happy with the results of their case, and if they felt the attorney was knowledgeable and competent. These references can be a great way to decide if a particular timeshare attorney is a right fit for you.
Get a Sense of the Attorney’s Fees
If you’re selecting a timeshare attorney, one of the first questions you’ll have is “how much will this cost?” It’s important to get a sense of the fees before you select one.
The typical fee is $250 per hour. However, some attorneys may charge a flat fee, and some may charge a lower hourly rate for certain services. For example, you may be able to negotiate a lower rate for the review and negotiation of your timeshare contract.
Be sure to ask your attorney about their fees and what they include before you sign a contract. You should also ask about any other potential costs, such as filing fees or costs for expert witnesses. Get a sense of the attorneys’ fees so that you can be sure you’re getting the best value for your money.
Get Everything in Writing
One of the most important things to keep in mind when selecting a timeshare attorney is to get everything in writing. This includes the attorney’s name, contact information, and fees.
Make sure to also get a written agreement from the attorney that outlines the scope of work to be performed. This will help you keep track of what was said and what was agreed to. By getting everything in writing, you can avoid any misunderstandings down the road.
Check Your Attorney’s Qualifications and Credentials
You should check the qualifications and credentials when considering selecting a timeshare attorney. Many attorneys may claim to be experienced in timeshare law, but may not have the proper qualifications.
Start by checking if the lawyer is a member of the American Bar Association’s Section on Real Property, Trust, and Estate Law. This will give you confidence that they have the necessary knowledge and experience to deal with timeshare law.
It’s also a good idea to check if the lawyer is board-certified in real estate law by the National Board of Legal Specialty Certification. This certification is only given to lawyers who have demonstrated extensive knowledge and experience in the field.
Finally, make sure to check the lawyer’s website and see if they have any testimonials or reviews from previous clients. Reading online reviews will give you an idea of what others have thought about their services and if they’re able to deliver on their promises.
Schedule a Consultation
As you begin the process of selecting a timeshare attorney, it’s important to first schedule a consultation. This will allow you to sit down with your attorney and discuss your specific situation. This will give you the opportunity to get a feel for their personalities and expertise.
It’s also a good opportunity to ask any questions you have about the timeshare industry and how the attorney can help you. Be sure to bring any documents related to your timeshare ownership with you to the consultation. This will give the attorney a better understanding of your case and help them determine the best way to proceed.
The Best Way to Select a Timeshare Attorney
If you are considering purchasing a timeshare, it is important to select a timeshare attorney who specializes in this field. Be sure to ask for referrals and check online reviews to get an idea of the lawyer’s experience and success rate.
Once you have selected a few potential attorneys, schedule a consultation to discuss your specific needs and concerns. Be sure to ask questions and get a clear understanding of the fees involved before making a decision.
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