Legal Question in Real Estate Law in Florida
Time share
What would happen if you just stopped paying for a time share
Asked on 8/23/08, 3:29 am
2 Answers from Attorneys
David Slater
David P. Slater, Esq.
Re: Time share
They may seek a money judgment against you.
Answered on 8/25/08, 1:58 pm
William Gwaltney
William W. Gwaltney, Attorneys at Law
Re: Time share
You will likely face foreclosure just like on any other property. The penalties you face will be governed by your contract. You could expect to have a judgment against you and possibly liens on any other properties you own.
Answered on 8/23/08, 9:51 am