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FL H1001
Bill
Status
2/24/2012
Primary Sponsor
Eric Eisnaugle
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AI Summary
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Adds requirement for full and fair disclosure of terms, conditions, and services by resale service providers to consumer timeshare resellers and prospective purchasers.
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Defines new terms including "consumer resale timeshare interest," "consumer timeshare reseller," "resale broker," "resale advertiser," and "resale advertising service" to clarify regulatory scope.
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Requires resale service providers to disclose fees, costs, and payment due dates before engaging in resale advertising services, with violations constituting unfair and deceptive trade practices.
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Prohibits resale advertisers from misrepresenting services, claiming identified buyers without providing contact information, stating specific resale values, or collecting payments exceeding $75 in 12 months without a signed contract.
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Mandates written contracts printed in 12-point type with specific disclosures, includes 10-day cancellation rights for consumers, and establishes civil penalties up to $15,000 per violation with additional unfair trade practice remedies.
Legislative Description
Timeshares
Last Action
Ordered enrolled -HJ 1244
3/8/2012