(a) A developer or managing entity, on written request of an owner, shall make available
for examination at its registered office or principal place of business and at any
reasonable time or times the relevant books and records relating to the collection
and expenditure of assessments.
(b) A developer or managing entity shall maintain in its records a copy of each purchase
contract for an accommodation sold by the developer for a timeshare period unless
the contract has been canceled. If a sale of the timeshare estate is pending, the developer shall retain a copy
of the contract until a deed of conveyance, agreement for deed, or lease is recorded
in the real property records of the county in which the timeshare property is located.
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