Understanding Timeshare Law
Timeshare law can be complicated, and that’s why we advise anybody with a case to avoid going alone. Our timeshare lawyers have undertaken years of training in order to qualify, and have many years experience with poring over timeshare contracts in minute detail. As such, it’s not a simple case of reading your contract to find evidence of wrongdoing; understanding timeshare law is not easy. Often, timeshare companies will have used misleading wording or complicated terms, which can be easily overlooked by the naked eye. Timeshare lawyers, on the other hand, know exactly what to look for, what it means, and how to deal with it.
Despite the difficulties in understanding timeshare law, you may still find it useful to learn a little about the background of timeshare law, when relevant laws were made, and what they mean.
The first substantive law applying to timeshare was the UK Timeshare Act 1992, which was subsequently by the Timeshare Holiday Products, Resale and Exchange Contracts Regulations 2010, which was instigated in February 2011.
Directives issued by the European Parliament have been in place since 1997. Though the first Directive was issued in 1994, it did not come into place until 1997, and was then replaced by a second Directive in 2009, which came into effect in 2011.
The reason for issuing the second Directive was that the first Directive was subject to several discrepancies in wording, which were cleared up in the second Directive, that closed any capacity for variations, excepting those relating to enforcement. This means that laws across all countries in the EEA are the same, which allows a much more level playing field and avoids confusion for consumers.
A Law passed in 1999, the Unfair Terms In Customer Contracts Regulations, empowers enforcement authorities to stop contracts that are unfair to consumers. This overlaps with the Unfair Contract Terms Act 1977. The Law has since been repealed and replaced with the Consumer Rights Act 2015, which has the function of regulating unfair terms in consumer contracts in English law.
Understanding Timeshare Law is a Job for the Experts
This is just a little background as to some of the laws and directives in the timeshare industry. There are plenty more, all of which our timeshare lawyers know inside out. Keeping tabs on all these developments in timeshare law, and its intricacies, is a large part of our job as lawyers. It just goes to show that there is so much to be considered in a timeshare law case, that it’s more than worth engaging a lawyer to handle your litigation.
Talk to Timeshare.Lawyer
If you’re still confused on how to put your timeshare claim for compensation forward, please do not hesitate to contact us. Alternatively, you can request a brochure which details our full range of services. You can also read our latest posts on an array of timeshare topics.