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
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
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