New timeshare legislation on the way in Spain

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The Spanish cabinet on Friday approved the draft legislation to control the multi-ownership or timeshare industry in Spain. The legislation adapts the Spanish regulations to European norms, and takes into account new holiday packages with the intention of better protecting the consumer. It affects the contracts for tourism assets, the acquisition of long-term holiday products, and the resale and exchange of timeshare and other variants.

via New timeshare legislation on the way in Spain | Typically Spanish.com.

Strange Random Real Estate Quote:

I had heard my father say that he never knew a piece of land run away or break. – John Adams, Autobiography

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