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ARDA Applauds Florida Attorney General’s Office For Recent Injunction Against Fraudulent Timeshare Resale Operation

November 5, 2009 by Perspective Magazine | Timeshare & Fractional Reviews · Leave a Comment 

The following statement was released today by , president and CEO of the (), in response to the Florida Attorney General’s Office move on Monday to seek an emergency injunction against a operation for fraudulent practices.

In September, released two consumer advisories to help consumers and owners navigate through the secondary market, which includes resellers, internet advertisers and other companies, to ensure a safe and positive selling experience. The advisories were developed to help dispel the growing misinformation and confusion in the secondary marketplace by providing specific tips on reviewing companies, their practices, costs and services in the marketplace.

Although there are many reputable companies that provide services, the largely unregulated secondary market also includes some that use unscrupulous tactics to take advantage of owners who may wish to sell their timeshares. Most recently, the Florida Attorney General’s Office took action against , a operation in , for charging nearly $2,500 in marketing fees from hundreds of customers but did little or nothing in return.

We applaud the efforts made by Florida Attorney General Bill McCollum to investigate dishonest companies whose actions taint the industry’s reputable companies. continues to work with its members to ensure transparency on both the buying and selling process.

About
The is the Washington D.C.-based professional association representing the vacation ownership and resort development industries. Established in 1969, today has over 1,000 members ranging from privately held firms to publicly traded companies and international corporations with expertise in shared ownership interests in leisure real estate. The membership also includes owner associations (HOAs), resort management companies, and owners through the Resort Owners Coalition (-ROC). Visit ’s consumer website at www.VacationBetter.org.

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