How long does the Division have to notify a developer of the disapproval of proposed amendments?

The timeframe for the Division to notify a developer of the disapproval of proposed amendments is specified in the relevant regulations governing timeshare developments. According to these regulations, the Division is required to provide notification within 10 days of receiving the proposed amendments. This timeframe is crucial as it ensures that developers are promptly informed of any issues or concerns related to their proposed changes, allowing them to address these matters swiftly and continue the development process without unnecessary delays. The certainty of this timeline helps maintain effective communication between the developers and the regulatory body, which is essential for compliance and the overall integrity of the timeshare industry.