Florida Timeshare Resale Accountability Act Affords Consumer Protections

International Timeshare Refund Action

International Timeshare Refund Action (ITRA) is encouraged by the Florida Legislature’s passage of the Timeshare Resale Accountability Act, sponsored by Florida State Senator Andy Gardiner and Florida State Representative Eric Eisnaugle and supported by Florida Attorney General Pam Bondi.
“Florida has taken a giant step in providing consumer protection against fraudulent and deceptive business practices utilized by unsavory timeshare resellers,” said Howard Nusbaum, president and CEO of ARDA (American Resort Development Association). “The timeshare industry plays an increasingly significant role in Florida’s recovering economy as tourism returns and grows in the state”.
The Timeshare Resale Accountability Act protects Florida consumers and helps put an end to deceptive marketing practices conducted by fraudulent timeshare resale companies that have been targeting consumers under the guise of offering a service to help sell their timeshare product. Specifically, timeshare owners will be given more information to make better decisions about purchasing timeshare resale services. For example, the legislation seeks greater transparency and will require, among other things, timeshare resale companies to disclose all terms and conditions of their business relationship with a consumer, provide for a right of rescission for consumers to cancel a contract for resale services, and impose penalties on companies who continue these deceptive practices.
Nearly 25 percent of all timeshare resorts in the United States are located in Florida, and these resorts represent a large and growing share of Florida’s tourism market. The Timeshare Resale Accountability Act is proactive legislation that is vital to ensuring the long-term health of a key sector of Florida’s tourism industry by protecting timeshare owners and legitimate businesses alike.

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International Timeshare Refund Action has entered into dialogue with thousands of timeshare owners from which we have discovered a pattern of abuse, deception and even fraudulent issues that have been systematically perpetrated by many of the major timeshare industry players to the detriment of owners.

ITRA now has many thousands of UK claimants who are joining our NO WIN – NO FEE action group to claim compensation from RCI for irregularities including skimming and renting high season weeks from their Spacebank to the detriment of their members. This case is currently being rigorously pursued and is at an advanced stage with our legal team. Full details and an online pre qualification form may be found within our website. www.itra.net

International Timeshare Refund Action