Timeshares by Owner®, a national leader in reselling timeshare vacation properties (http://www.timesharesbyowner.com/), announces that Florida legislature has again trampled on the rights of timeshare owners, and that Timeshares by Owner® will be defending the rights of consumers.

The Florida legislature is determined to make it difficult to resell a timeshare (http://www.timesharesbyowner.com/devn/sell/index.shtml). Timeshare developers are continuing to sell new timeshare weeks that can sell for $30,000 or more per week. But the biggest problem in the timeshare industry is the number of existing timeshare owners who want to resell their timeshares. Resale's can be priced as much as 50% less than the price the developer charges for new timeshares.

If a timeshare owner buys from an existing owner, than the developer does not earn the profit from the sale. The new law proposed by Florida legislature will make it difficult to resell a timeshare. The proposed law will end up hurting the consumer but will benefit timeshare developers and their lobbyists.

The new law will add a retroactive "disclosure" law that requires the disclosure of sales and not rentals. Timeshare rentals (http://www.timesharesbyowner.com/devn/search/locationofweek.cfm) are more prevalent than timeshare sales in these tough economic. Nevertheless, the new law by the Florida legislature seeks to highlight sales statistics and not rental statistics, in the hopes of making resale companies appear to be ineffective. The new law also imposes retroactive disclosure requirements, and very onerous penalties for non-compliance.

Timeshare developers should have the same disclosure requirements imposed when developers try to resell a timeshare. That requirement seems appropriate because timeshare developers will always be faced with a conflict of interest because developers want to sell their inventory instead of reselling a timeshare that they have already sold and profited from.

Timeshares By Owner® asks for assistance and support in defending the rights of consumers in Florida, please contact Timeshares by Owner® for more information.