What must a timeshare permit state if the project is not completed before issuance?

If a timeshare project is not completed before the issuance of a permit, it is essential for the permit to include the estimated date of completion. This requirement is in place to ensure that potential timeshare buyers are fully informed about when they can expect the project to be finished and when their timeshare interest will become a reality. Providing an estimated completion date helps manage buyer expectations and ensures transparency in the sales process.

Moreover, this information is crucial for regulatory compliance, as it protects consumers by keeping them aware of the timing of their investment and the delivery of the property. Buyers can make informed decisions based on when they can anticipate accessing their timeshare.

The other considerations, such as the developer's financial status, location of the timeshare project, and marketing strategy for unsold units, while important aspects of timeshare sales and development, do not directly address the critical issue of when the buyer can expect the property to be ready for use. Thus, including the estimated date of completion is the most pertinent requirement for an incomplete project.