Timeshare - Illegal Practice by SalesRep?

[noirkat]

Signed docs on a purchase on a timeshare. We changed our minds within 7 days and wanted to cancel, but our sales rep told us it would be too bad because we won a substantial amount of money on some contest. We will get this money only if we wait until escrow closes(which supposedly was able to make a couple of payments). We said okay because we could use the extra money or the mothly payments. When we received money, it was only for $173.00 (our timeshare monthly payments were $236). $173.00 is hardly enough for 'a couple of payments. The check was signed from her personal checking account.I am now told that it was illegal of her to issue a check from her personal account saying it was company winnings - that she most likely cut us a portion of the commission she got from our purchase. Is this true? Is that illegal for ehr to do that?

 

[calalily]

Check with your Real Estate Licensing Board for your state and file a complaint. Your greed got in the way of your common sense and you basically were scammed. If she did it to you she has probably done it to others. Was she an independent agent? If not, report her in writing to the company she works for.