Timely communication regarding project status is one of the developer's responsibilities. What form should this take?

Timely communication regarding project status is crucial for maintaining transparency and trust between developers and buyers. An estimation of completion dates provides buyers with specific, actionable information about when they can expect milestones to be reached, and therefore, when they can begin planning for their use of the timeshare. This clear indication of timelines helps manage expectations and allows buyers to schedule accordingly.

In contrast, while detailed project presentations and regular newsletters to buyers can provide useful information, they may not always deliver the timely updates that buyers need. Open forums for inquiries are beneficial for addressing specific concerns but do not by themselves provide structured updates or timelines related to project completion. Therefore, offering estimated completion dates addresses the core need for timely communication in a way that directly aligns with buyers' interests.