Timeshare scams dramatically increased for the past two years and in 2009, it was identified that the most common victims are those owners who are trying to get out of their timeshares by selling it. As part of an effort to help stamp out such fraudulent practices targeted at timeshare owners, RDO or Resort Development Organization which is the trade body for timeshare and fractional ownership, is calling for consumers to come forward with their complaints.
Another particular complaints cited by RDO are from people who have been invited to a presentation either to discuss ways in which to dispose of their timeshare or to join a class action scheme, but are then persuaded to sign up to membership of a holiday club of which they had no former knowledge. This deal is usually followed by a deposit which is frequently taken and no cooling off period is provided.
The evidences that RDO will gather from this campaign will be presented to the enforcement authorities in both the UK and Spain to enable them to take decisive and hard-hitting action, thus, putting a stop to the distress caused to people who have been misled by this type of activity.
As getting rid of a timeshare is not an easy thing to do these days, timeshare owners are prone to be a victim of such activities. As a matter of fact, over the last few years, the number of complaints reported to RDO regarding timeshare fraud allegations has steadily increased. Another thing to be cautious about is if you are approached by a company that you are unsure of and should walk away if you are asked to sign a contact which does not give you the right to withdraw. As this could be a possible scam, better check it with RDO.