Florida has historically been one of the top states for timeshare ownership. But the state's attorney general says her office is swamped with complaints about timeshare resale fraud. Since 2009, the AG's office has fielded more than 19,000 consumer complaints on the topic. Now she's trying to do something about it.
"The area of timeshares are laden with scams," say Florida attorney Susan Budowski, who represents timeshare owners. "A consumer needs to be extraordinarily careful. They cannot do enough due diligence. One of the largest red flags are unsolicited telephone calls. This is a huge red flag; these call rooms buy lists of timeshare owners and the autodialer starts calling. If you were called by a telemarketer — more than likely it’s a scam."
In October, Florida Attorney General Pam Bondi and two Republican lawmakers introduced the Timeshare Resale Accountability Act, designed to help protect timeshare owners and clean up the resale business.
Please see full article below for more information.
Firefox recommends the PDF Plugin for Mac OS X for viewing PDF documents in your browser.
We can also show you Legal Updates using the Google Viewer; however, you will need to be logged into Google Docs to view them.
Please choose one of the above to proceed!
LOADING PDF: If there are any problems, click here to download the file.