Vermont AG warns out-of-state companies not to violate state law
MONTPELIER, Vermont: Vermont Attorney General William Sorrell used the opportunity presented by the settlement with Timeshare Relief, Inc., a California-based timeshare repurchaser, to warn out-of-state companies "offering a financial benefit to Vermonters not to violate the State's consumer laws." Otherwise, they will find themselves in serious litigative turmoil.
In June 2008, Timeshare Relief, Inc., which operates out of Torrance, California, was accused of violating Vermont state law that requires "whenever goods or services are sold at a transient location like a hotel, the buyer must be given specified notice of his or her right to cancel the transaction." Between 2007 and 2010, the California organization lured in customers under the false impression that they would pay for their timeshares, when, in reality, the deceptive practice called for customers to pay hundreds or thousands in order to transfer ownership. In a settlement announced on Wednesday, June 30, 2010, Timeshare Relief agreed not only to turn over $91,000 in consumer refunds, but also to pay the state of Vermont itself $50,000.