The Association has been informed that certain third-party companies, including entities operating outside the United States, are contacting owners and offering to “purchase” timeshare interests for substantial amounts while requesting upfront fees in advance of any closing.

 

Please be advised:

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Under Florida law, including Sections 721.205 and 721.20, Florida Statutes, companies offering resale services are generally prohibited from collecting significant advance fees in connection with the resale of a Florida timeshare interest without strict statutory compliance.

Legitimate purchasers of real property interests do not typically require sellers to pay money upfront in order to receive sale proceeds.

 

What You Should Know:

• The Association is not affiliated with any resale or marketing company.

• The Association does not authorize or endorse any third-party resale solicitations.

• Owners should exercise extreme caution before sending funds, wiring money, or providing personal financial information.

• If an offer sounds unusually high or requires advance payment, it may be a resale fee scheme.

 

Recommended Steps:

1. Do not wire or transfer funds.

2. Do not provide credit card or banking information.

3. Request all terms in writing.

4. Consult independent counsel before paying any fee.

5. You may forward suspicious solicitations to the Association office for awareness purposes.

 

The Association’s current operational or termination status may impact transferability, market value, or timing of any sale. Owners should verify any claims made by third parties about market value or pending buyers.

If you have questions regarding the status of the property or official Association communications, please contact the Association directly.