Quiz

Timeshares

1. Which directive covers timeshares bought in any European Union member state?

2. How long is the cancellation period for a change of mind after agreeing to buy a timeshare?

3. How much deposit can a business take within that cooling off period?

4. A holiday club membership is not a timeshare agreement but may still be regulated. How does a holiday club normally work?

5. Do holiday club agreements need to give a right to cancel?

6. Why should you be particularly careful if a contract refers to 'fractional ownership'?

 

Answers