PITFALLS AND TRAPS IN THE SALE OF TIMESHARES

What should you watch out for if you find yourself in a timeshare sales presentation? Timeshares have evolved since their initial appearance long ago as vehicles for real estate ownership.  Initially, timeshares were often very straightforward – i.e., an owner might own a particular week (say, the first week of April), in a particular building. …

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BELCHER SYKES HARRINGTON, PLLC CASE FEATURED IN THE WALL STREET JOURNAL, THE TENNESSEAN, THE NASHVILLE BANNER, AND OTHER NEWS OUTLETS

Belcher Sykes Harrington, PLLC attorneys John Belcher, Elizabeth Sykes, Katie McCain, and Joel Stampley recently represented Amy Grant, the Estate of AM Burton, and various members of the Burton family in a case in Davidson County Chancery Court regarding ownership of a historic church property in downtown Nashville.  After a long legal battle, the case…

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Understanding Timeshare Fraud – Part Four – Prohibited Statements

In my prior blog entry, I discussed the Tennessee Timeshare Act’s statutory prohibition on certain types of misrepresentations.  The Act, though, takes this topic one step further.  Not only is a sales agent prohibited from making certain misrepresentations, anyone involved in the sale of a timeshare is prohibited from making certain kinds of statements entirely. …

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Understanding Timeshare Fraud – Part Three – No Misrepresentations!

A timeshare sales agent can’t lie to a consumer.  A lie can, in some circumstances, support a claim for common law fraud.  But the Tennessee Timeshare Act takes this one step further, and creates statutory prohibitions on certain types of misrepresentations.  Specifically, Tenn. Code Ann. §66-32-131 expressly prohibits “any person” from participating in an advertisement…

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