What does the Georgia Timeshare Act primarily regulate?

The Georgia Timeshare Act primarily regulates the sale and advertising of timeshare properties. This legislation establishes specific guidelines to protect consumers when they are purchasing timeshares. It sets forth requirements for disclosure, ensuring that buyers are fully informed of their rights and the specifics of what they are purchasing. This includes details about the property being sold, the terms of ownership, and any associated obligations, enabling potential purchasers to make confident decisions.

Additionally, the Act includes provisions regarding marketing practices to ensure that timeshare properties are advertised in a truthful and transparent manner, helping to prevent deceptive practices in the selling process. By focusing on these aspects, the Timeshare Act aims to foster a fair marketplace for both buyers and sellers in the timeshare industry.