Property Ownership

In Florida, a 'time-share' interest is governed by:

AChapter 475 F.S. exclusively
BChapter 721 F.S. (Florida Vacation Plan and Timesharing Act)✓ Correct
CChapter 718 F.S. (Condominium Act)
DChapter 83 F.S. (Landlord-Tenant Act)

Explanation

Florida's time-share industry is governed by Chapter 721 F.S. (Florida Vacation Plan and Timesharing Act), which regulates the sale, purchase, and resale of time-share interests, including buyer rescission rights.

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