Who is considered the developer in a timeshare scenario?

In a timeshare scenario, the developer refers to the entity or individual responsible for creating and marketing the timeshare project. This includes organizing the development of the property, establishing the management and maintenance structure, and putting the timeshare contracts in place for prospective buyers. The developer is essentially the creator of the timeshare experience, making them the primary party that sells the time intervals to buyers.

This role is distinct because it involves significant responsibilities such as marketing the timeshares, ensuring compliance with legal regulations, and managing the property. Other parties listed do not have this primary role in timeshare transactions. The buyer is the individual purchasing the timeshare, the exchange agent facilitates timeshare exchanges but does not develop properties, and the lender provides financing for purchases but does not participate in the development of the timeshare itself. Thus, identifying the developer as the seller correctly aligns with the broader understanding of timeshare dynamics.