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Timeshare Owner's Bill of Rights

by Lisa Ann Schreier
Timeshare Owner's Bill of Rights
It’s no surprise that I don’t think timeshare is sufficiently regulated. I think the laws, written by the industry, favor the industry. Timeshare Owner’s Bill of Rights Timeshare Owners Bill of Rights
So, I’ve developed the following ‘Bill of Rights’ for both the prospective owner as well as the owner. It’s important to remember that these are not the law of the land, but what I believe to be important rights.
How will these rights become law and not just my suggestions? Easy! You, the consumer need to start voting with your wallet. If a developer isn’t abiding by these rights, don’t give them your business. If you’ve already given them your business then speak up. Write to me, write to your local law enforcement and contact the media. Timeshare Owner’s Bill of Rights
As always, I want to hear from you. Anything that shouldn’t be included? Anything that I’ve missed?

The Prospective Timeshare Owners’ Bill Of Rights

  • The right to receive fair, ethical, respectful and equal treatment without discrimination of ethnicity, race or religion in all matters related to the timeshare, including sales presentations
  • The right to review any and all documents prior to signing anything
  • The right to say ‘no’ and have it be accepted during a sales presentation
  • The right to receive a full disclosure of all fees pertaining to the timeshare as well as a five year history of said fees prior to purchasing
  • The right to NOT surrender your Drivers’ License, credit card or any other form of identification as part of a sales presentation
  • The right to fully understand both the rescission period and terms of rescission prior to purchasing
  • The right to pay whatever price you’re quoted during the sales presentation for the entire duration of your stay at the resort—-there’s no such thing as ‘today’s only price’

The Timeshare Owners’ Bill of Rights

  • The right to receive fair, ethical, respectful and equal treatment without discrimination of ethnicity, race or religion in all matters related to the timeshare, including sales presentations
  • The right to have access to what you purchased no more than thirty (30) days from purchase
  • The right to have any and all monies paid refunded to you no more than fifteen (15) days if you choose to rescind your purchase
  • The right to be advised in advance if any meeting you’re asked to, invited to and/or gifted to attend is in fact a sales presentation and the fact that attendance is NOT mandatory
  • The right to receive a sixty (60) day notice of all HOA meetings with proxy and explanation of items to be voted on accordingly
  • The right to receive minutes of any HOA meeting within thirty (30) days of such meeting and/or within thirty (30) days upon request
  • The right to have the developments’ broker name, license and contact information available upon request
  • The right to have all members of the HOA board fully disclosed at any time including any ties to the resort or compensation provided for this position
  • The right to know the current delinquency rate of the Resort/ HOA within thirty (30) day upon request
  • The right to be able to sell a privately owned timeshare interest without unreasonable restrictions placed by the resort, HOA or its management
  • The right to be informed at least six (6) months in advance, if the developer or the HOA makes any changes to the ownership structure of the project. This includes liens that may be placed upon it, any legal judgments that may be enforced, any changes in the ownership of the holding company and/or any transfer of deeds, licenses and/or leases
  • The right to have access to the most recent and updated public offering statement submitted by the developer as well as any amendments to the POS
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Timeshare Owner’s Bill of Rights Timeshare Owner’s Bill of Rights Timeshare Owner’s Bill of Rights Timeshare Owner’s Bill of Rights Timeshare Owner’s Bill of Rights Timeshare Owner’s Bill of Rights Timeshare Owner’s Bill of Rights Timeshare Owner’s Bill of Rights Timeshare Owner’s Bill of Rights Timeshare Owner’s Bill of Rights Timeshare Owner’s Bill of Rights Timeshare Owner’s Bill of Rights Timeshare Owner’s Bill of Rights Timeshare Owner’s Bill of Rights

Timeshare Owner’s Bill of Rights
Timeshare Owner’s Bill of Rights Timeshare Owners Bill of Rights Timeshare Owners Bill of Rights Timeshare Owners Bill of Rights Timeshare Owners Bill of Rights Timeshare Owners Bill of Rights Timeshare Owners Bill of RightsTimeshare Owners Bill of Rights Timeshare Owners Bill of Rights Timeshare Owners Bill of Rights

The Timeshare Owners’ Bill of Rights

Timeshare Owners Bill of Rights Timeshare Owners Bill of Rights

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