June 11, 2010 — I am one of those individuals who, along with fully supporting timeshare developers for the great products and services they deliver to the ‘market’, also fully support and am grateful to the millions of TS owners who believe in and have trusted our industry over the past four decades.
That said, and not being an attorney, there are times I need to depend on various online legal dictionaries in a humble attempt to understand the legaleese cosmos. Having read more news stories recently about timeshare resale scams, I found myself once again returning to www.lectlaw.com to see if I could grasp if these companies are outright defrauding timeshare owners.
As such, I have read that: “The term ‘fraud’ is generally defined in the law as an intentional misrepresentation of material existing fact made by one person to another with knowledge of its falsity and for the purpose of inducing the other person to act, and upon which the other person relies with resulting injury or damage.”
Reading further I also see that a ‘Material Fact’ is defined, basically, as “A fact that would be important to a reasonable person in deciding whether to engage or not to engage in a particular transaction; an important fact as distinguished from some unimportant or trivial detail.”
That bit of info was followed by: “Fraud may also include an omission or intentional failure to state material facts, knowledge of which would be necessary to make other statements not misleading”.
With that in mind, and fully supporting TS developers, owners, resale companies with no upfront fees, costs or deposits and everyone in the ‘biz’ (as in working for the developers) I’ve decided to write, free of charge, a new ARDA Resale Advisory (‘V’); which ‘if’ they choose to use it should supersede all previous ‘advisories’.
I’m offering this service not just because I’m a good person but because I am fed up with these (mostly) low-rent con artists bilking untold millions of dollars every year from hard-working timeshare owners, and also because those scumbags tarnish and low-ball what otherwise is a most excellent product, service and industry.
‘RESALE ADVISORY V’ (ARDA)
Important notice –STOP– only work with resale companies that have no upfront fees of any kind –STOP– don’t fall prey to the ‘advertising’ fee hype –STOP– any advance fee means the company (or person) is in the advance fee business –STOP– avoid the “next year’s maintenance fees and taxes must be paid in advance or the mystery buyer won’t buy” swindle –STOP– never give your bank account or credit card number(s) in advance when told it is a sign of your good faith that you will follow through with the sale –STOP– hang up the phone the minute you’re told ‘they’ work closely with travel agents, corporations, churches, charities –STOP– the resale world is filled with cheats and liars –STOP– and STOP THEM! That is all!
Email Scoop: email@example.com