Georgia timeshare law falls under title 44 of their property statute in the Regulation of Specialized Land Transactions, specifically article 5 governs timeshares.
Georgia rather uniquely treats violations of their time statute as a criminal offense up to a felony. Most states use civil law when it comes to the management and punishment of timeshares, mostly through fines, or contract cancellations. Georgia takes a much stricter approach and any violation of its timeshare statute under $5000 is a misdemeanor and any over $5000 is a felony with an up to three-year sentence. It can act as a good deterrence for scamming activity when companies can get slammed with more than just some fines, but someone can go to prison.
Rescission Period: 7 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