What does Preamble of Timeshare Transparency Act do?

This bill aims to establish requirements related to the sale of timeshares. The bill intends to improve acquisition transparency in timeshare sales. The bill includes provisions for 'other purposes' not explicitly detailed in the preamble.

What does SHORT TITLE. of Timeshare Transparency Act do?

This bill is formally titled the Timeshare Transparency Act.

What does TIMESHARE ACQUISITION TRANSPARENCY. of Timeshare Transparency Act do?

This section establishes requirements for timeshare acquisition transparency. Timeshare agreements must include an itemized specification of all costs, details on potential fee alterations with notice requirements, options for ending ownership, and a 14-day termination period without penalty. Individuals must review all agreement documents before signing, free from employee supervision. Violations of this section are treated as violations of the Federal Trade Commission Act. The Federal Trade Commission (FTC) is responsible for enforcing this section, utilizing its existing powers and jurisdiction. The FTC will promulgate rules to carry out the section's provisions. The section applies to agreements entered into 90 days after the Act's enactment. States retain the authority to impose requirements that provide greater consumer protection than this section. The term 'timeshare' is defined as an interest purchased for a specific period of time less than a full year, extending for more than 3 years. A 'timeshare company' is defined as any person engaged in the business of providing timeshares for monetary consideration.

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Timeshare Transparency Act

Last updated: 12/16/2025 · Introduced: 12/16/2025

Author: John Curtis (R-UT)

TL;DR (AI)

The Timeshare Transparency Act mandates that timeshare agreements include detailed cost breakdowns, fee alteration notices, and options for terminating ownership, alongside a 14-day penalty-free termination period.
This Act designates the Federal Trade Commission (FTC) as the enforcement agency, empowering it to address violations as breaches of the Federal Trade Commission Act.
The legislation defines 'timeshare' as an interest purchased for a specific period less than a full year, extending for more than 3 years, and applies to agreements entered into 90 days after enactment while preserving states' ability to offer greater consumer protections.

119th Congressin committeeOfficial page

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Other Sections

Includes provisions on preamble, short title., and 1 more.

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