RBA - In The Press

For Immediate Release

RBA MEMBERS COMMIT TO WORK WITH STATE REGULATORS

LOS ANGELES--- At their annual meeting held last week in Las Vegas during the ARDA convention, the RBA founding members unanimously agreed to work with their state regulators to implement self- regulation programs for the timeshare resale industry.

"Self-regulation and compliance with the various state laws regarding resales is essential in protecting the consumer and establishing a viable secondary market for the timeshare industry," said CA RBA founding member Mario Collura. Naturally we hope that self-regulation will work in most cases, but if not; the next step will be to notify state regulators of all non-complying companies added Collura.

At last years annual meeting, the founding members formally announced a set of 11 guidelines to promote the orderly growth and self-regulation of independent timeshare resale brokers. These guidelines addressed the areas of experience, licensing, escrows, title insurance, full disclosure to the consumers and a co-operative working relationship with other RBA members.

To obtain more information about RBA, contact one of the founding members or call Mario Collura of TRI WEST at (800) 423-6377.


Home | About Us | Contact Us | Privacy Policy

© TRI West Timeshare 2005-2015. All rights reserved world wide. Any unauthorized reproduction, copying, downloading, modification, scanning, or other use of the material, photographs, images, and content of this site is strictly prohibited. All trademarks, service marks, brand names. photos and logos not owned by TRI West are the property of their respective owners. California Real Estate License 00860627