I have a question for some of the experts on this board. To what level of details is a timeshare required by law to disclose detailed financials to the owners? Or can they get away with a fairly sketchy expense budget done mostly on a cash basis? i.e. assets not capitalized and depreciated.
Also, I looked over my deed in detail. the % of unit is 1/52. The % of common area multiple by number of units x 52 weeks is not 100% but something like 44-45%. Can there be another basis on which the % is calculated?
If I want to get a hold of the oringial charter (in LA) how would I go about it?