What must be obtained before selling or leasing a timeshare interest?

Before selling or leasing a timeshare interest, it is required to obtain a Certificate of Registration. This certificate is essential because it demonstrates that the timeshare plan has been registered with the appropriate state authorities, ensuring that it complies with the regulations governing timeshare sales and leases. By obtaining this certificate, sellers can provide buyers with key disclosures and information regarding the timeshare, which is crucial for protecting consumer interests. This registration process helps maintain transparency in the industry and safeguards against potential fraudulent activities, ensuring that buyers are fully informed about what they are purchasing.

Other relevant documents or agreements might be associated with the sale or lease of a timeshare, such as contracts or legal agreements, but the Certificate of Registration is a specific requirement that validates the legitimacy of the timeshare offering.