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If the company violated the Timeshare Act, you could begin by filing a complaint with TREC. Any violations could work in your favor in trying to terminate the contract because of a breach.

I would suggest that you review your agreement and see what options it gives you to terminate the transaction.  Usually real estate agreements speak to that issue.  Most will allow you to te ...Read more

A contract takes effect at the time of agreement, but often people reach general agreement on terms but still don't intend to be bound until they have a formal written agreement,i.e. when it is signed ...Read more

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Lawmakers to look at criminal prosecution re debt to rent to own companies

Usually, when an individual has a payment dispute with a business, the matter is ultimately settled in a civil court. However, because of an obscure law passed decades ago, rent-to-own companies in Te ... Read more

The Gypsy Brewers: Contract or Alternating Proprietorship?

It’s an exciting time for craft beer in Texas, and the industry is growing like wildfire. One of the benefits of being a brewer in Texas is that new laws regarding gypsy brewing have opened the ... Read more

Guidelines for Protecting Proprietary Information

Proprietary information is business information that has independent economic value from not being disclosed to competitive businesses or the general public. Also called trade secrets, it can include ... Read more

What happens if you used your automobile as collateral and it was totaled?

Q: I took out a loan with One Main Financial with my automobile as collateral. They take the payment out of my account once a month. All payments have been on time. I was driving my vehicle and the ax ... Read more

Small Business Services – Writing Contracts

Small businesses owners have to be nimble, responsive and aware of all of the legal issues as they operate their firms. With seemingly infinite government regulations, companies must be prepared to tu ... Read more

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