Attorney General Bill McCollum Beware Foreign Timeshare Investments

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Attorney General Bill McCollum
News Release July 13, 2007 Media Contact: Sandi Copes

Phone: (850) 245-0150

Attorney General: Beware Foreign Timeshare Investments

~ Advisory follows increase in number of complaints reported to the Attorney General’s Office ~

TALLAHASSEE, FL – Attorney General Bill McCollum today issued a consumer advisory, encouraging Floridians to be cautious when booking timeshare reservations or vacation memberships in foreign countries, particularly Mexico. The Attorney General noted that his office has received an influx of complaints from citizens who have been scammed by less than reputable travel companies offering ideal vacations to these locations but often falling far short of operating under fair business practices.

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How to Protect Yourself: Timeshare Sales & Resales

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Be Wary Of Too-Good-To-Be-True Claims When It Comes To Resales


The company's salespeople are likely to claim that the market in the area where your resort is located is "hot" and that they are being overwhelmed with buyer requests for your resort. In some cases, the salespeople may even tell you that they have a buyer waiting in the wings who wants to buy your timeshare. Be skeptical of these types of claims. Remember the timeshare market is not "hot" and it is unlikely that there is a buyer ready and willing to buy your timeshare.

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