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Timeshare Windups

Corporate and commercial law

Achieving successful commercial objectives involves collaborating with lawyers who understand your business, your commercial environment and your expectations for the future. Your lawyer should act as your business partner, offering advice to help you make better business decisions.

This requires people who can explain complex situations in plain English, provide dependable and accurate information, anticipate and manage risks, and develop solutions to get you a profitable outcome.

A timeshare unit, also known as ‘holiday ownership,’ is a part share in a property owned by many people, usually in a holiday location. Each share entitles the part owners to use it for a short period each year. New Zealand has one of the highest rates of timeshare ownership in the world.

While there are benefits to having a timeshare, they’re generally not cheap and usually come with annual maintenance fees. If you need to free up the cash you have tied up in a timeshare, selling your share can be a problem.

Commercial Maritime Law

For maritime business owners, we provide sound advice for the sale and purchase of vessels, registration, ownerships and other legal matters related to running your business.

Litigation

If you’re facing a marine sector dispute, we have lawyers with extensive experience in the resolution of claims and the regulatory defence of prosecutions.

Compliance

We stay at the forefront of any changes to legislation governing the maritime sector and can provide advice about how any changes will affect your business.

How we help

Before you buy into a timeshare, do your research about the property, and speak to other owners of the property if possible to get a clear understanding of your commitment. Before you sign any agreement, speak to us. We’ll explain your rights and obligations, and offer advice to help you make the best decision.

If you want to sell your share in a property, we’ll organise the paperwork and conveyancing. It’s important to remember that a timeshare isn’t a property investment and second-hand timeshare sales are always a buyer’s market. There are different options for disposing of a timeshare. We can help to find a solution for your particular situation.

Please contact us if we can be of assistance.

Areas of expertise:

  • Advice about timeshares
  • Sales and purchase agreements
  • Conveyancing