State of State Timeshare Laws
Arkansas timeshare law falls under the Arkansas Time-share Act which explains each part of creation, administration, and financing protections of timeshares. It also states that timeshares in Arkansas will be governed under general real property law in anything that may exceed the statute. This differs from many states who treat timeshares as a special type of property, or simply as an expansion of camping or condominiums.
How Long to Sue
Arkansas provides a short right to address any major issues in your timeshare contract. You have four years after the date of the purchase to bring any cases against your developer for issues that arose in violation of the statute. This includes any of the areas specific to the statute: terms of the contract, required disclosures, administration of the managers duties, or how it was advertised to you.
Rescission Period: 5 Days
Disclaimer: These summaries of law are intended only to serve as an information source for consumers. Statutes and laws are subject to constant change and the information listed above may not represent the most recent, or complete information. This does not constitute legal advice and a lawyer should always be contacted to provide you an analysis of your case. If you would like to have your case reviewed, please call us at (360)918-8196 for a free consultation