Timeshare

Resale Fund Holding

bto has established a market leading system of fund holding for the purchaser and/or seller in the transfer of timeshare property. 

Our system ensures that:

If you are buying timeshare, your money is completely safe until:

  • all relevant transfer documentation has been signed and delivered
  • we have verified that the seller still owns the weeks being sold and
  • we check that there are no outstanding management fees and that the weeks have not been banked.

Or, if you are selling timeshare:

  • that your documentation is not transferred to the purchaser until you have been paid the agreed price.

bto is a member of the Organisation for Timeshare in Europe.

Contact
Alan Borthwick
Partner, Glasgow
45/51 Hanover Street Edinburgh EH2 2PJ
T: 0131 220 2777  F: 0131 220 0010  E: lawyers@bto.co.uk
48 St. Vincent Street Glasgow G2 5HS
T: 0141 221 8012  F: 0141 221 7803  E: lawyers@bto.co.uk