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FL H1001

Bill

Status

Engrossed

2/24/2012

Primary Sponsor

Eric Eisnaugle

Click for details

Origin

House of Representatives

2012 Regular Session

AI Summary

  • Adds requirement for full and fair disclosure of terms, conditions, and services by resale service providers to consumer timeshare resellers and prospective purchasers.

  • Defines new terms including "consumer resale timeshare interest," "consumer timeshare reseller," "resale broker," "resale advertiser," and "resale advertising service" to clarify regulatory scope.

  • 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.

  • 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.

  • 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

Committee Referrals

Economic Affairs2/10/2012
Judiciary1/27/2012
Business And Consumer Affairs Subcommittee12/28/2011

Full Bill Text

No bill text available