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Timeshare is a revolutionary sytem whereby people on vacation can go away from their homes into another town or city far away and still live as if they are at home. This is possible because time is bought only on the date and time per year per person. Whiles timeshare afford some great benefit for people who are away from home for vacation, sometimes people exhaust its use; perhaps they want to go to somewhere else for vacation so the need comes for them to sell their vacation homes so that they may not keep on paying the mortgage on it. This site was created to provide video and article information about timeshare for sale. We hope that the information found here would be useful for you.

Friday, November 12, 2010

China Provides Warning To Residents About Buying Timeshares


Timeshare Relief China Great WallIt seems as if timeshare companies are creating a stir in China and for Chinese citizens traveling abroad throughout the world.  We found an article from the China Daily that reports about an official from the Chaoyang district administration of industry and commerce and the attempts from their office to warn residents about timeshare scams.

Quoting the article:

“As many as 260 notice boards were set up in busy shopping malls like SOHO Shangdu and The Place, as well as in local communities in Chaoyang district to echo the administration’s month-long campaign to warn consumers about timeshare scams that was launched last weekend.”

A non-profit consumer watch group has received over 200 complaints this year about timeshare contracts in China.  Most of these complaints come from the larger cities in China.  Interestingly, as reported, court cases are difficult to win against the timeshare companies because Chinese law is not well-defined for such cases.

As we all know, there are going to be good and bad within the industry.  So many timeshare contracts are set up for timeshare owners to pay on a long term contract.  It’s enough that fraudulent companies need not enter the space to create more dissension and mistrust in the industry. Filed under: Timeshare Industry Tagged: | China, timeshare complaints, timeshare presentations, timeshare scam


View the original article here

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