Timeshare buyers would get clearer costs, cancellation rights, and private document review.
This bill would make it easier for people buying timeshares to understand what they're getting into. It would require companies to clearly show all costs and termination options in one document. Buyers would also get 14 days to cancel their agreement without penalty and review documents without company pressure.
Today, there are no specific federal rules requiring timeshare companies to provide clear, itemized costs. They also don't have to provide details on changing fees or termination options in a single document. Buyers also don't have a guaranteed 14-day penalty-free cancellation period or a right to review documents privately. If this bill passes, companies would be legally required to provide all this information upfront. They would also have to allow a 14-day cancellation and let buyers review documents without company supervision, starting 90 days after the bill becomes law.
S 3502 · 119th Congress · December 16, 2025 · AI Summary by gemini-2.5-flash · 10/10
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6 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.