What must a timeshare comply with if structured as a cooperative or condominium?

A timeshare structured as a cooperative or condominium must adhere to specific Florida statutes and associated rules because these regulations provide a legal framework governing the operation, management, and ownership of such properties. In Florida, timeshares are specifically regulated under the Florida Timeshare Act, which dictates how these properties must be developed, advertised, sold, and maintained to protect the rights of consumers and ensure fair practices within the industry. Compliance with these statutes ensures that all timeshare owners understand their rights and responsibilities, which helps maintain transparency and consumer confidence in the timeshare market.