This guide covers vacation ownership from the sales presentation through the exit. Part I identifies the forms of interest and why the distinction controls. Part II covers the offering, disclosure, and the statutory rescission right. Part III covers financing and the credit obligations. Part IV covers assessments, governance, and liens. Part V covers the resale market and the exit industry. Part VI covers the exits that work, including foreclosure and bankruptcy. Part VII covers claims, arbitration, and regulator enforcement. Part VIII covers inheritance, capacity, and elder issues.