Property Ownership
A Florida 'timeshare' interest is regulated under Chapter 721, F.S. A buyer of a timeshare has a right to cancel the contract within:
A3 days
B7 days✓ Correct
C10 days
D14 days
Explanation
Florida's Vacation Plan and Timesharing Act (F.S. 721) gives timeshare purchasers a 10-calendar-day right of cancellation from the date of contract execution or receipt of the required public offering statement, whichever is later. This cooling-off period protects buyers from high-pressure sales tactics. The cancellation must be in writing.
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