Property Ownership

In Montana, a 'timeshare' ownership interest in a resort property is regulated under:

AThe Montana Residential Landlord and Tenant Act
BMontana's Timeshare Act (or similar consumer protection statutes) requiring disclosures and rescission rights for buyers✓ Correct
COnly federal consumer protection law
DThe Montana Subdivision and Platting Act exclusively

Explanation

Montana's timeshare regulations (under consumer protection law) require developers to provide disclosures about timeshare ownership, include a rescission period during which buyers can cancel, and register timeshare offerings with the state.

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