When should the public offering statement be presented?

The public offering statement is a crucial document designed to protect consumers in the timeshare industry by providing them with important information about the timeshare property and ownership. Presenting the public offering statement at the very beginning of the transaction is essential, as it allows potential buyers to review all pertinent details before making a commitment. This practice ensures that buyers are well-informed about their rights, the specific terms of the timeshare, and any associated costs or obligations.

Including a rescission statement in the public offering statement is particularly significant, as it outlines the buyer's right to cancel the contract within a designated period after the purchase. This transparency is intended to foster informed decision-making and reduce the risk of buyer's remorse. Therefore, presenting the public offering statement first allows buyers to fully understand what they're investing in prior to making any binding agreements or finalizing the sale.