What kind of documentation must be provided to timeshare buyers before purchase?

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Providing legal disclosures and terms to timeshare buyers is essential to ensure that they fully understand their rights and obligations related to the purchase. This documentation includes important information such as ownership rights, maintenance fees, cancellation policies, and any restrictions that may apply to the timeshare. Legal disclosures help protect buyers by ensuring that they are informed about all aspects of the purchase, which can prevent misunderstandings and disputes in the future.

Promotional materials, while useful for marketing, do not offer the legal clarity and detail necessary for making an informed purchase. Merely having sales agreements or financing options available is insufficient without including the detailed legal information that governs the timeshare ownership, making the provision of legal disclosures and terms indispensable before proceeding with the purchase.

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