• The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 26 years!

    Join tens of thousands of other owners just like you here to get any and all Timeshare questions answered!
  • TUG has now saved timeshare owners more than $14,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $14 Million dollars
  • Follow the TUG Member Banner as it travels the world on vacation with Timeshare owners! Also sign up to get the banner sent to you so you can submit a photo of your vacation with the banner to share with TUG! Banner Thread
  • Sign up to get the TUG Newsletter for free! Join tens of thousands of other owners who get this every week! Latest resort reviews and the most important topics discussed by owners during the week!
  • Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    Read more Here
  • A few of the most common links here on the forums for newbies and guests!

Links to Official State Timeshare Laws and Guides/Manuals

Grammarhero

Official TUGBBS Rescission Master
TUG Lifetime Member
Joined
Jun 9, 2019
Messages
2,313
Reaction score
1,614
Points
324
Location
Washington, DC Area
Resorts Owned
Wyndham 353k pts, VV Williamsburg 4L/4 & 2/2, DRI South Bend 1/1
@TUGBrian @DeniseM @CalGalTraveler take a look. This weekend, I’m creating a spreadsheet with official links to states’ timeshare laws, as well as their statuses as to non-judicial, anti-deficiency foreclosures. In the meantime, I will just keep adding notes.


* Legal Disclaimer: This list and paraphrases of non-judicial, anti-deficiency timeshare foreclosure laws are to provide basic information on timeshare statutes. The list and paraphrases do not, nor are they intended to, render legal advice, nor are they an alternative for appropriate legal research. The referenced information constantly changes and evolves. Please consult appropriate legal counsel prior to any legal activities or signing any timeshare documents.


Links to Official State TS Laws:


  1. Alabama – AL: https://arec.alabama.gov/arec/pages/professionals/licensing/timeshare_law.aspx?AspxAutoDetectCookieSupport=1

  2. Arizona – AZ: http://az.elaws.us/ars/32-2197

  3. Arkansas – AR: https://advance.lexis.com/api/permalink/2c03296b-e238-4411-86e2-3f67b93a6ae1/?context=1000516 (AK’s official statutes links provider is Lexis)

  4. California – CA, TS owners get anti-deficiency judgments, even for judicial actions: https://leginfo.legislature.ca.gov/faces/codes_displayText.xhtml?lawCode=BPC&division=4.&title=&part=2.&chapter=2.&article=1

    http://www.dre.ca.gov/files/pdf/timeshare_manual.pdf (page 27 is where main sections begin)

  5. Colorado – CO: http://leg.colorado.gov/sites/default/files/images/olls/crs2018-title-38.pdf (begins pg. 286)

  6. Connecticut – CT: https://www.cga.ct.gov/current/pub/chap_734b.htm

  7. Delaware – DE: https://delcode.delaware.gov/title6/c028/sc02/index.shtml#TopOfPage

  8. Florida – FL, inaction or non-objection results in estate, anti-deficiency foreclosure, but objection leads to judicial, deficiency action: http://www.leg.state.fl.us/Statutes/index.cfm?App_mode=Display_Statute&URL=0700-0799/0721/0721.html
    https://www.flrules.org/gateway/ChapterHome.asp?Chapter=61B-37

  9. Georgia – GA, HOA pursues non-judicial foreclosure and judicial, deficiency judgment afterwards (OCGA 44-3-232): https://advance.lexis.com/api/permalink/f9bf9859-8948-4c38-9623-7dc5ec7d5a2f/?context=1000516 (GA’s official statutes links provider is Lexis)

  10. Hawaii – HI, developer has right to deficiency MF judgment for both judicial foreclosures or non-judicial power of sale (514-E29). http://cca.hawaii.gov/pvl/files/2013/08/hrs_pvl_514e.pdf (this is most updated from Hawaii website). TS mortgage defaults might get anti-deficiency treatment (HRS 667-27, 38, 42). https://www.capitol.hawaii.gov/hrscurrent/Vol13_Ch0601-0676/HRS0667/HRS_0667-.htm
  11. Idaho – ID: https://legislature.idaho.gov/statutesrules/idstat/Title55/T55CH18/ (five-day rescission period for ID residents buying non-ID timeshares).

  12. Illinois – IL, developer has option of pursuing a judicial, deficiency foreclosure, or non-judicial, anti-deficiency foreclosure: http://www.ilga.gov/legislation/ilcs/ilcs3.asp?ActID=3903&ChapterID=63 http://www.ilga.gov/legislation/publicacts/fulltext.asp?Name=100-1038&GA=100
  13. Indiana – IN, only method to obtain waiver of deficiency judgment is for defaulting TS owner to waive sale notice period (IC 32-27-7-5): http://iga.in.gov/legislative/laws/2019/ic/titles/032#32-32

  14. Iowa – IA: https://www.legis.iowa.gov/docs/ico/chapter/557A.pdf

  15. Kentucky – KY: https://apps.legislature.ky.gov/law/statutes/chapter.aspx?id=39092 (look at .395 to .407, and .470 to .486)

  16. Louisiana – LA: http://doa.louisiana.gov/osr/lac/46v67/46v67.doc (begins at page 32)
    http://legis.la.gov/Legis/Law.aspx?d=106597

  17. Maine – ME: http://legislature.maine.gov/statutes/33/title33sec591.html

  18. Maryland – MD, most foreclosure are non-judicial, but resorts can pursue judicial, deficiency actions afterwards: https://govt.westlaw.com/mdc/Browse/Home/Maryland/MarylandCodeCourtRules?guid=NA03512309CC311DB9BCF9DAC28345A2A&originationContext=documenttoc&transitionType=Default&contextData=(sc.Default) (MD’s official statutes link provider is Westlaw).

  19. Massachusetts – MA: https://malegislature.gov/Laws/GeneralLaws/PartII/TitleI/Chapter183B

  20. Michigan – MI: http://www.legislature.mi.gov/(S(3ime1k2p251maasd0ir4dq4i))/mileg.aspx?page=getObject&objectName=mcl-Act-59-of-1978

  21. Minnesota – MN: https://www.revisor.mn.gov/statutes/cite/83
    https://www.revisor.mn.gov/rules/2810/

  22. Mississippi – MS: http://www.mrec.ms.gov/docs/mrec_rules_and_regulations_July_2019.pdf (starts at page 31)

  23. Missouri – MO, MO uses non-judicial foreclosures, but resort can pursue judicial, deficiency action afterwards: https://revisor.mo.gov/main/OneSection.aspx?section=407.600&bid=23110&hl= (407.600 to 407.630)

  24. Montana – MT: https://leg.mt.gov/bills/mca/title_0370/chapter_0530/parts_index.html

  25. Nebraska – NE: https://nebraskalegislature.gov/laws/statutes.php?statute=76-1701 (76-1701 to 76-1741)

  26. Nevada – NV, defaulting TS owners have no right to non-judicial, anti-deficiency foreclosures, but defaulting homeowners do: https://www.leg.state.nv.us/NRS/NRS-119A.html

  27. New Hampshire – NH: http://www.gencourt.state.nh.us/rsa/html/xxxi/356-b/356-b-mrg.htm
    http://www.gencourt.state.nh.us/rsa/html/XXXI/356-A/356-A-mrg.htm

  28. New Jersey – NJ, most foreclosure are non-judicial, but resorts can pursue judicial, deficiency action afterwards: https://lis.njleg.state.nj.us/nxt/gateway.dll?f=templates&fn=default.htm&vid=Publish:10.1048/Enu (45:15-16.50 to 45:15-16.85)

  29. New Mexico – NM: https://laws.nmonesource.com/w/nmos/Chapter-47-NMSA-1978#!b/a11 (47-11-1 to 47-11-13)

  30. New York – NY, most foreclosures are non-judicial, but resorts can pursue deficiency judgments afterwards: https://ag.ny.gov/sites/default/files/13_nycrr_24.3.pdf

  31. North Carolina – NC: https://www.ncleg.gov/EnactedLegislation/Statutes/PDF/ByArticle/Chapter_93A/Article_4.pdf

  32. North Dakota – ND: https://www.legis.nd.gov/cencode/t43c23-1.pdf (doesn’t specifically reference timeshares)

  33. Ohio – OH: http://codes.ohio.gov/orc/4735.25 (applicable to non-Ohio timeshares)

  34. Oklahoma – OK: http://webserver1.lsb.state.ok.us/OK_Statutes/CompleteTitles/os71.rtf (very little protection for owners of OK TS. OK timeshares protected as securities, but resorts/developers often seek securities protection exemption per 1-203 on page 24)

  35. Oregon – OR: https://www.oregonlegislature.gov/bills_laws/ors/ors094.html (94.803 to 94.945)

  36. Pennsylvania – PA: http://www.pacodeandbulletin.gov/Display/pacode?file=/secure/pacode/data/049/chapter35/chap35toc.html&d= (very little protection for owners of PA TSs)

  37. Rhode Island – RI: http://webserver.rilin.state.ri.us/Statutes/TITLE34/34-41/INDEX.HTM

  38. South Carolina – SC, inaction or non-objection results in non-judicial, anti-deficiency foreclosure, but objection leads to judicial, deficiency action: https://www.scstatehouse.gov/code/t27c032.php
  39. South Dakota – SD: http://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&Statute=43-15b

  40. Tennessee – TN, TN has no anti-deficiency laws, TS statues begin at 66-32-101 https://advance.lexis.com/documentpage/?pdmfid=1000516&crid=5178a5ca-9f2e-49a6-9e03-9671bc8a5b72&nodeid=ACNABGAABAAB&nodepath=/ROOT/ACN/ACNABG/ACNABGAAB/ACNABGAABAAB&level=4&haschildren=&populated=false&title=66-32-101.+Short+title.&config=025054JABlOTJjNmIyNi0wYjI0LTRjZGEtYWE5ZC0zNGFhOWNhMjFlNDgKAFBvZENhdGFsb2cDFQ14bX2GfyBTaI9WcPX5&pddocfullpath=/shared/document/statutes-legislation/urn:contentItem:4X8K-WKT0-R03M-808V-00008-00&ecomp=h3t7kkk&prid=011cd32f-ea05-4fb7-bc94-598580c61884
  41. Texas – TX: https://statutes.capitol.texas.gov/Docs/PR/htm/PR.221.htm

  42. Utah – UT: https://le.utah.gov/xcode/Title57/Chapter19/57-19.html?v=C57-19_1800010118000101

  43. Virginia – VA, VA has no anti-deficiency law, resort initiates a non-judicial foreclosure, objection leads to judicial foreclosure: https://law.lis.virginia.gov/vacodepopularnames/virginia-real-estate-time-share-act1/

  44. Washington – WA: https://apps.leg.wa.gov/RCW/default.aspx?cite=64.36

  45. West Virginia – WV: http://www.wvlegislature.gov/WVCODE/code.cfm?chap=36&art=9

  46. Wisconsin – WI: http://docs.legis.wisconsin.gov/statutes/statutes/707.pdf


    Links to Official State TS Guides or Manuals
  47. Alabama - AL

  48. Arizona - AZ

  49. Arkansas - AR

  50. California – CA: http://www.dre.ca.gov/files/pdf/faqs/FAQ_Timeshares.pdf

  51. Colorado - CO

  52. Connecticut - CT

  53. Delaware - DE

  54. Florida - FL

  55. Georgia – GA: http://consumer.georgia.gov/consumer-topics/timeshare-sales

  56. Hawaii - HI

  57. Idaho - ID

  58. Illinois - IL

  59. Indiana - IN

  60. Iowa - IA

  61. Kentucky - KY

  62. Louisiana - LA

  63. Maine - ME

  64. Maryland - MD: http://www.marylandattorneygeneral.gov/CPD Documents/Tips-Publications/ConsumerGuideForMarylanders.pdf (section on TS begins on page 12).

  65. Massachusetts - MA

  66. Michigan - MI

  67. Minnesota - MN

  68. Mississippi - MS

  69. Missouri - MO

  70. Montana – MT:

  71. Nebraska - NE

  72. Nevada - NV

  73. New Hampshire - NH

  74. New Jersey - NJ

  75. New Mexico - NM

  76. New York – NY: https://ag.ny.gov/consumer_frauds/investing/you-buy-timeshare

  77. North Carolina - NC

  78. North Dakota - ND

  79. Ohio - OH

  80. Oklahoma - OK

  81. Oregon - OR

  82. Pennsylvania - PA

  83. Rhode Island - RI

  84. South Carolina – SC:

  85. South Dakota - SD

  86. Tennessee - TN: https://www.tn.gov/commerce/news/2018/7/23/tdci--don-t-let-timeshare-scammers-leave-you-without-a-vacation-.html

  87. Texas - TX

  88. Utah - UT

  89. Virginia - VA

  90. Washington - WA

  91. West Virginia - WV

  92. Wisconsin - WI
 
Last edited by a moderator:

pedro47

TUG Review Crew: Expert
TUG Member
Joined
Jun 6, 2005
Messages
13,339
Reaction score
3,505
Points
548
Location
East Coast
To Grammarhero, thanks you for all the time and research you have spent in putting this Thread together.
I am reading about the Commonwealth of Virginia TS Laws and there have been many, many new changes in the TS Laws in the Commonwealth effective October 1, 2019.
 
Last edited:

pedro47

TUG Review Crew: Expert
TUG Member
Joined
Jun 6, 2005
Messages
13,339
Reaction score
3,505
Points
548
Location
East Coast
There are four (4) states that does not have timeshare resorts or TS laws. I have named three (3) of the states, Alaska , Wyoming & Vermont.

Can you name the other one ?
 
Last edited:

Grammarhero

Official TUGBBS Rescission Master
TUG Lifetime Member
Joined
Jun 9, 2019
Messages
2,313
Reaction score
1,614
Points
324
Location
Washington, DC Area
Resorts Owned
Wyndham 353k pts, VV Williamsburg 4L/4 & 2/2, DRI South Bend 1/1
There are four (4) states that does not have timeshare resorts or TS laws. I have named three (3) of the states, Alaska , Wyoming & Vermont.

Can you name the other one ?
Kansas.
 

Grammarhero

Official TUGBBS Rescission Master
TUG Lifetime Member
Joined
Jun 9, 2019
Messages
2,313
Reaction score
1,614
Points
324
Location
Washington, DC Area
Resorts Owned
Wyndham 353k pts, VV Williamsburg 4L/4 & 2/2, DRI South Bend 1/1
To Grammarhero, thanks you for all the time and research you have spent in putting this Thread together.
I am reading about the Commonwealth of Virginia TS Laws and there have been many, many new changes in the TS Laws in the Commonwealth effective October 1, 2019.
Thanks for letting me know. VA repealed the VA Timeshare Act, but passed the VA Real Estate Timeshare Act. The new link is here https://law.lis.virginia.gov/vacodepopularnames/virginia-real-estate-time-share-act1/
 

TheHolleys87

TUG Member
Joined
May 7, 2015
Messages
498
Reaction score
284
Points
173
Location
Texas
Resorts Owned
DVC Boardwalk Villas, Shell Hawaii Club, Kona Coast II
Wow, great work! Thank you, Grammarhero!
 

Grammarhero

Official TUGBBS Rescission Master
TUG Lifetime Member
Joined
Jun 9, 2019
Messages
2,313
Reaction score
1,614
Points
324
Location
Washington, DC Area
Resorts Owned
Wyndham 353k pts, VV Williamsburg 4L/4 & 2/2, DRI South Bend 1/1
@Grammarhero this is fantastic information. It would be helpful to list by the state links those that have "Non-judicial, Anti-deficiency laws for TS"

For example, Nevada has such laws but not for timeshares. My understanding from @Fredflintstone is that Florida, South Carolina and California apply to TS. Any others?
I will get to that this weekend. Thanks for recommendations.
 

Grammarhero

Official TUGBBS Rescission Master
TUG Lifetime Member
Joined
Jun 9, 2019
Messages
2,313
Reaction score
1,614
Points
324
Location
Washington, DC Area
Resorts Owned
Wyndham 353k pts, VV Williamsburg 4L/4 & 2/2, DRI South Bend 1/1
@Grammarhero this is fantastic information. It would be helpful to list by the state links those that have "Non-judicial, Anti-deficiency laws for TS"

For example, Nevada has such laws but not for timeshares. My understanding from @Fredflintstone is that Florida, South Carolina and California apply to TS. Any others?
Yes, CA is anti-deficiency as attached. As stated on the other thread, SC is also anti-deficiency, but defaulting TS owner should NOT object to a non-judicial foreclosure, as to reserve the anti-deficiency right. I will check FL and get back to you.
 

Attachments

Grammarhero

Official TUGBBS Rescission Master
TUG Lifetime Member
Joined
Jun 9, 2019
Messages
2,313
Reaction score
1,614
Points
324
Location
Washington, DC Area
Resorts Owned
Wyndham 353k pts, VV Williamsburg 4L/4 & 2/2, DRI South Bend 1/1
@Grammarhero this is fantastic information. It would be helpful to list by the state links those that have "Non-judicial, Anti-deficiency laws for TS"

For example, Nevada has such laws but not for timeshares. My understanding from @Fredflintstone is that Florida, South Carolina and California apply to TS. Any others?
Interestingly, FL is also a state in which an objection to a non-judicial foreclosure waives those anti-deficiency protections.
 

Attachments

Grammarhero

Official TUGBBS Rescission Master
TUG Lifetime Member
Joined
Jun 9, 2019
Messages
2,313
Reaction score
1,614
Points
324
Location
Washington, DC Area
Resorts Owned
Wyndham 353k pts, VV Williamsburg 4L/4 & 2/2, DRI South Bend 1/1
Last edited:

Grammarhero

Official TUGBBS Rescission Master
TUG Lifetime Member
Joined
Jun 9, 2019
Messages
2,313
Reaction score
1,614
Points
324
Location
Washington, DC Area
Resorts Owned
Wyndham 353k pts, VV Williamsburg 4L/4 & 2/2, DRI South Bend 1/1
Last edited:

Grammarhero

Official TUGBBS Rescission Master
TUG Lifetime Member
Joined
Jun 9, 2019
Messages
2,313
Reaction score
1,614
Points
324
Location
Washington, DC Area
Resorts Owned
Wyndham 353k pts, VV Williamsburg 4L/4 & 2/2, DRI South Bend 1/1

Grammarhero

Official TUGBBS Rescission Master
TUG Lifetime Member
Joined
Jun 9, 2019
Messages
2,313
Reaction score
1,614
Points
324
Location
Washington, DC Area
Resorts Owned
Wyndham 353k pts, VV Williamsburg 4L/4 & 2/2, DRI South Bend 1/1

pedro47

TUG Review Crew: Expert
TUG Member
Joined
Jun 6, 2005
Messages
13,339
Reaction score
3,505
Points
548
Location
East Coast
Please look at the new Virginia Law effective 10/01/2019 and tell us. Who do you feel assisted in writing this new legislation into law.

Thanks in advance for any information; you can share with with the TUG community.
 

Grammarhero

Official TUGBBS Rescission Master
TUG Lifetime Member
Joined
Jun 9, 2019
Messages
2,313
Reaction score
1,614
Points
324
Location
Washington, DC Area
Resorts Owned
Wyndham 353k pts, VV Williamsburg 4L/4 & 2/2, DRI South Bend 1/1
Please look at the new Virginia Law effective 10/01/2019 and tell us. Who do you feel assisted in writing this new legislation into law.

Thanks in advance for any information; you can share with with the TUG community.
Looks like VA state Sen. John S. Edwards (D) primarily wrote the new law.
 

Attachments

Top