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A crackdown on timeshare resale fraud (HB 1001)

What were resale companies doing?: Attorney General Pam Bondi said that her office receives numerous complaints about companies that solicit business by telling timeshare owners that they have a buyer already lined up and then ask for a fee up front. The buyer frequently never materializes. The new law would require resale agents to fully disclose their terms, ban them from collecting a fee until a signed contract is in place, and prohibit them from saying they have an interested buyer unless they can provide contact information for that person to the owner. Carline Jean, Sun Sentinel
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