ARS Title 32, Ch 20, Art 9: Timeshares Flashcards

1
Q

The sale of ? or more timeshare units (estates) requires the developer to obtain a Timeshare Public Report

a. 15
b. 30
c. 12
d. 20

A

C. 12

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2
Q

A purchaser has the right to rescind a contract to purchase a timeshare within ? days of executing the contract?

a. 90 days
b. 5 days
c. 6 mos
d. 10 calendar days

A

D. 10 CALENDER DAYS

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3
Q

If a sale is made prior to issuance of a timeshare public report, the sale is voidable by the purchaser within ?

a. 10 calendar days
b. 1 year
c. 5 years
d. 3 years

A

D. 3 years

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