Lowndes Drosdick Doster Kantor & Reed, P.A.

Practices and IndustriesPractices and Industries


Timeshare Services

Successful development and management of a timeshare project requires total dedication to innovation, efficiency and quality service from both the standpoint of the developer and their legal counsel. The Timeshare Services Group of Lowndes, Drosdick, Doster, Kantor & Reed, P.A. has extensive experience in all aspects of timeshare development and provides legal services to its clients in the most timely and cost efficient manner. The range of services include the following areas:

  • Property Acquisition and Development
    The firm has experience in all areas of real estate acquisition, land use and development, including zoning, developments of regional impact, concurrency and consistency issues under Florida’s Comprehensive Planning laws and all aspects of environmental law. The firm has developed a wide network of contacts within the governmental and regulatory agencies at federal, state and local levels to assist in obtaining information and processing land use approvals and resolving environmental problems.

  • Condominium Filing and Regulatory Agencies
    The development and sale of timeshares is heavily regulated. We have knowledge of the requirements of the law and the informal policies of the Florida Division of Land Sales and can skillfully prepare and obtain approval of timeshare projects and advise our clients on the variety of regulatory issues that arise in developing timeshare projects.

  • Marketing and Sales
    We have drafted and negotiated all manner of agreements with respect to the marketing and sale of timeshare interests, including agreements between developers and third-party marketing and sales firms, sales and commission agreements, tour provider agreements, remote sales facility agreements and various promotion, travel and incentive agreements.

  • Management and Shared Facilities Agreements
    We have experience with all aspects of timeshare management and operation and the regulations that govern the same. We have drafted and negotiated various forms of facilities use agreements, including those between timeshare resorts and hotel resorts.

  • Escrow Agent Services
    The receipt, investment and disbursement of escrow deposits on timeshare sales must be done in strict conformity with the applicable provisions of the law. We are well acquainted with the requirements for establishing and maintaining purchaser deposit and tax escrow accounts for timeshare condominium projects. We utilize specially designed accounting software to track and disburse the numerous purchaser deposits which are received on a timeshare project. We have established policies and procedures designed to quickly account for the status of an individual deposit and to verify collection and facilitate disbursement.

  • Timeshare Closings
    We have detailed policies and procedures for processing timeshare closings for recording and disbursement. The firm has established relationships with title companies in the state to provide quick, cost efficient title searches throughout Florida and has established internal procedures and timetables which enable the firm to review, process and record closing documents within a consistent time frame.

  • Financing
    We are well versed on the documentation and procedures necessary to facilitate mortgage receivables financing, and can negotiate and prepare the documents necessary to facilitate such financing arrangements. We are able to rely on existing procedures and documentation to provide services in connection with mortgage receivable funding transactions in a cost efficient manner.

  • Mortgage and Condominium Lien Foreclosures
    We routinely handle a large volume of mortgage and condominium lien foreclosures. We use computerized document assembly programs and established procedures and timetables to complete each task involved in the foreclosure process, including delivery of initial demand letter, filing of complaints, service of process, obtaining foreclosure judgments and scheduling foreclosure sales. We are well staffed and are able to quickly conclude mortgage and condominium lien foreclosures and restore timeshare interests back into inventory for future sales.

  • Property Tax Valuations
    Historically, the valuation of timeshare interests for property tax assessments has been a frequently litigated issue in Florida. The firm was principal counsel in the seminal cases which established the basis for valuation and taxation of timeshare interests. Our attorneys are available to assist timeshare developers in any questions or appeals regarding their property tax assessments.

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