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Regulatory Regulations
Florida State Regulatory Requirements for Vacation
Certificates
If you have lived in Florida for any length of time, you are
undoubtedly aware of the state's past problems with travel related scams.
A company would solicit sales of great bargains, like a 6-day cruise and
4-day land resort vacation for two at the incredibly low price of only
$549. You would buy the package, receive beautiful brochures, certificates
and vouchers in the mail, but when you tried to make reservations, there
was never anything available. The offer was legitimate, IF you could meet
all of the restrictions in the fine print and were lucky enough to catch
the one or two units that were available. Since all sales were final, you
couldn't get a refund and if outraged purchasers made it too hot, the
company simply closed and would open a few months later under a new name.
While these operators victimized residents from many states, the greatest
number were Florida residents. Since the package was technically and
legally a legitimate offer, the state had a difficult time trying to shut
down these operations, particularly the few set-up outside the state. So,
they opted for strict consumer protection regulation of travel/vacation
certificates/vouchers that are for an unspecified future date and
location, which applies to both Florida and non-Florida based companies.
The UATB RVC is a pre-paid rental reservation for an unspecified
location and date; precisely what the state of Florida regulates very
closely. To sell a vacation certificate (that is not tied to a specific
property and date) in Florida, the certificate program must be approved
(registered) by the state, including the look and content of the
certificate and any documentation sent to the purchaser. After you are
approved, each individual certificate must be registered, by certificate
number and recipient name, with the state before it is sent to the
purchaser. The state registration fee is $250 per certificate and 10
business days to process, once it is received and logged by the state.
At a purchase price of $349, we simply can't afford to register each
certificate. While they couldn't make the product illegal, their intent
was to make it so difficult and costly that it simply isn't practical.
And, they did a pretty good job. Unfortunately, in protecting Florida
consumers from con artists, they also blocked a few legitimate programs.
The Florida consumer protection regulation only impacts the sale of
UATB RVCs. It in no way restricts use of the Space-A rental program by
eligible individuals, because when you make and pay for a reservation, it
is for a specific location and date.
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