What is the time frame in which a project broker must notify the Division of a change of association of any sales agent?

The correct time frame in which a project broker must notify the Division of a change of association of any sales agent is 10 days. This requirement is stipulated to ensure that the regulatory body has up-to-date and accurate information regarding personnel engaged in sales activities related to timeshare projects. Prompt notification helps maintain compliance with industry regulations and safeguards both consumer interests and the integrity of the timeshare market.

By adhering to this 10-day timeframe, project brokers support the accountability and transparency necessary for effective regulatory oversight. It is crucial for brokers to be vigilant about this requirement, as failing to notify the Division within this period could lead to compliance issues or penalties.