In New York State, Attorney General Schneiderman demonstrated that he has testosterone, and zero tolerance for the antics of The Manhattan Club:
https://ag.ny.gov/press-release/ag-...-barring-sales-manhattan-club-timeshare-hotel
The New York State timeshare purchaser Disclosure Statement is notably more specific about the risks of purchasing a timeshare, than the Disclosure Statements in many other states.
Given all of the evidence against Diamond, I am surprised that the Arizona Attorney General did not impose a much more significant financial penalty against Diamond, then the chump change/Cost of Doing Business (to Diamond) of $800,000.00.
I'm glad to see that the Arizona Attorney General recorded their findings, related to Diamond's business practices, but I am skeptical that the Arizona AG's Assurance of Discontinuance will change anything in Diamond's day to day operations. The "take back" provision of the A of D does nothing more than get a select group of Diamond Purchasers out of their purchase; those Diamond Purchasers will still be out whatever they paid for their Diamond timeshare and financing costs. And, the most ironic part of all of this, Diamond will "reacquire" someone's timeshare, at no cost to Diamond, and turn around, and sell it again. So, Diamond will have made money on the initial purchase/sale and financing (a significant cash stream for Diamond), if the timeshare purchaser financed their purchase through Diamond, then make money again (on the same inventory (perhaps wrapped differently, or reintroduced in a new wrapper) on another sale, and on any Diamond financing that goes with that sale. Hence, the "owner surrender program" is quite the gift to Diamond.
In my opinion, it will be business as usual at Diamond, and the only thing that will change the inherent culture at Diamond is implosion (or aggressive, punitive actions against Diamond by numerous state Attorney General's).
As stated by Brian, above, to all of the Diamond purchasers out there who feel that they were deceived by Diamond, I encourage you to contact the Attorney General in your state of residence, the state in which you purchased your timeshare, the state in which your timeshare is located, and the AG in the State of Nevada, where Diamond is headquartered. In addition to the AG, I would encourage you to file complaints with the Board of Real Estate, Office of Consumer Affairs, and if you are of the age that is defined as an elder in those states, the state Office of Elder Affairs. Also, if you purchased a timeshare from Diamond in a state where the Diamond salesperson is licensed as a real estate salesperson, and if you believe that you were deceived by that salesperson, or that that salesperson made misrepresentations or substantive omissions, I would encourage you to file a complaint against the Diamond salesperson/licensed real estate salesperson with the State Board of Real Estate in the state where your Diamond timeshare purchase was made, and the salesperson is licensed.
In my opinion, we consumers need to flex our muscles with every state regulatory body that has some regulatory oversight of Diamond. Rest assured, if you as a Diamond timeshare owner did not satisfy your financial obligations with Diamond, they would not hesitate to exercise every legal right that they have, against you.