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Owner's Rights

According to industry research, trust is a key purchase motivation cited by satisfied timeshare buyers. ARDA resort companies include some of the world’s most-recognized names in hospitality as well as established independent resort developers.

 

For almost 40 years, ARDA members have worked with federal and state government officials in support of legislation to protect consumers. As a result, in most states, you have a right of rescission—a period of time typically five to seven days during which you may cancel a purchase contract for any reason without a penalty. In addition, most states have laws or rules that ensure truth in advertising, that your timeshare interest is protected from any financial problems that may affect the developer, and that you receive detailed information about the timeshare plan you are purchasing. Each state protects consumers in different ways, so make sure you understand your rights and responsibilities before you decide to purchase.

 

Ownership is a major benefit of timeshare. You own a piece of your resort, and you can help shape the decisions of your property.

 

Timeshare Homeowners Associations (HOAs) operate in the same manner that any community or condominium HOA operates. You and your fellow members elect officers who oversee expenses, upkeep and the selection of the manager or management company.

 

You may also want to become active in ARDA’s Resort Owners’ Coalition (ARDA-ROC) to ensure that your homeowner’s rights are protected. For more information, visit www.ardaroc.org.