June 3, 2020
In the largest consumer relief package ever obtained in California against a timeshare company, Welk Resorts Inc.
, which develops and operates timeshares in the U.S. and Mexico, has agreed to a $3.5 million
settlement with the California Attorney General’s Office, the San Diego District Attorney’s Office, and the California Department of Real Estate. The California-based company’s sales practices allegedly violated the state’s Timeshare Law, Vacation Ownership Timeshare Act of 2004 (VOTA), the Unfair Competition Law (UCL), and the False Advertising Law (FAL). In addition to the settlement payment, which will go toward restitution, Welk has also agreed to pay $2 million in penalties and reimbursement of investigation costs, and will implement a compliance program to prevent future violations. CA AG