All the following statements are True about an Jams Kalo Timeshare

Question 5 / 41: All the following statements are True about an owners' association EXCEPT it

A is formed to provide for the governing of the project

B prepares or causes preparation of a budget for the annual operation of the project

C is a business entity , normally a corporation , initially formed by the developer to manage
the affairs of the timeshare resort

D is formed primarily for the purpose of selling timeshare interests in the resort

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