If only this was available prior to purchase

[charlie1]

Imagine there was a document that every one had to sign prior to purchase in a simple format. What main points would you suggest that it include.

Here is a few points to start the ball rolling that you may or may not feel should be included

1) Have you been assisted prior to buying to identify what type of holiday product would suit your holiday style. If this is done effectively you will be buying as opposed being sold to.

(If timeshare owners did their homework this would pre-empt a lot of the problems that exist in timeshare now with owners who have been sold to by a salesman that only had one product to sell, so they are going to make it fit verbally, unfortunately that may not suit your holiday style. You may have been more ideally suited to another timeshare product that you were never shown. So do your homework)

2) Do not pay any money up front.

3) Ensure any promise made verbally that’s not in the contract must be on headed paper and signed by someone in authority.

4) If you are in a sales meeting ensure you take key-notes. Don’t rely on what you think was said some months later

5) Have you read your contract and the club rules so you can raise any areas that require clarification.

6) Do your own due diligence and check out the track record of the company/resort you intend to deal with. Are you satisfied that all questions have been answered appropriately. Where required documentation to substantiate this has been made available.

Now please sign here to confirm that this has been done

[mumx3]

Imagine there was a document that every one had to sign prior to purchase in a simple format. What main points would you suggest that it include.

Here is a few points to start the ball rolling that you may or may not feel should be included

1) Have you done your homework prior to buying, to identify what type of holiday product would suit your holiday style. So you are buying and you are in the driving seat and not being sold to.

(This would pre-empt a lot of the problems that exist in timeshare now with owners who have been sold to by a salesman that only had one product to sell, so they are going to make it fit verbally, unfortunately that may not suit your holiday style. You may have been more ideally suited to another timeshare product that you were never shown. So do your homework)

2) Do not pay any money up front.

3) Ensure any promise made verbally that’s not in the contract must be on headed paper and signed by someone in authority.

4) If you are in a sales meeting ensure you take key-notes. Don’t rely on what you think was said.

5) Have you read your contract and the club rules so you can raise any areas that require clarification.

6) Do your own due diligence and check out the track record of the company you intend to deal with.

Now please sign here to confirm that this has been done

Good idea if something like this had been in place then we certainly would not of brought Timeshare and so I expect would thousands of others, it all comes down to being told the truth, but if the truth were told at the very first meeting timeshare would be dead, we were told so many lies that we believed at the time, had no reason not to, it's not until your in that the truth dawns on you by then it's to late.

The pressure that was put on us to buy on the day, was now looking back down right discusting, we were so worn down we probably would of signed anything that was put in front of us just to go home. 

Your number 3 about having everything that was said verbally is probably the most important one, we were told what they knew we and others wanted to hear, nothing on paper their word against ours.
 

[Carolinian]

ONe thing that should NOT be in that agreement, and should be prohibited in these transaction is any provision that says that oral representations may not be relied upon.  In too many developer sales operations, lots of misrepresentations and even outright lies are told in oral representations knowing that they will slip a document in front of buyers in the sales process that they cannot rely on these.  Just documents only makes it easier for those developer prone to do so to perpertrate frauds.