Timeshare Transparency Act

This bill requires timeshare companies to provide buyers with a clear, single-document breakdown of all upfront and ongoing costs (including fees that may change) before finalizing a sale. It mandates disclosure of termination options and a 14-day cancellation period without penalty. The Federal Trade Commission (FTC) will enforce these requirements as part of its authority over unfair or deceptive practices. The law directly affects timeshare buyers by increasing transparency and timeshare companies by setting new disclosure standards for sales agreements.