Florida’s new act to protect consumers

From TimesharesDaily.com:

The American Resort Development Association (ARDA) says that the new legislation that was passed in Florida will help protect timeshare owners in many ways.

The bill exempts timeshare buyers from fees and charges that are charged whenever the owners switch weeks with other timeshare owners. The changes in the rules and guidelines cover taxes on timeshare visits and debt cancellation on selected offers.

Because of the current state of the economy, some government bodies try to tax timeshare transactions to get extra revenue. This bill tries to prohibit these taxes.

Florida is not the first state to implement such rules and regulations. It is one of three states that currently are actively pursuing the legislation.

The lobbyists hope that the bill will make Florida a more timeshare-conducive area.

Here’s a link to the ARDA website on this issue