Original Message:
Re: Upfront fee resale companies are against the law in Florida .... report them ASAP (by R P.):
orvillem5 wrote:jayjay wrote:The 1995 statute says NOTHING about Florida residents only .... it plainly states:Section 721.20(6), "Florida Statutes, that prohibits the collection of any advance fee for the listing of any timeshare estate or timeshare license, and the requirement that any seller of a timeshare plan be a licensed real estate broker, broker associate or sales associate as defined in Section 475.01 ....".
I was referring to the part in the quoted newspaper article which said "The court also ruled that the collection of advanced listing fees from Florida residents, regardless of the location of the property, and owners of Florida timeshares is prohibited."
My point was that the court's ruling seems to allow licensed real estate brokers etc. in Florida to collect up front fees if neither the seller nor the TS is in Florida.
I don't see anything about licensed real estate brokers being able to take upfront fees for selling timeshares .... licensed real estate brokers are not allowed to take any upfront fee whatsoever for selling any kind of property.