accoridng to the new jersey real estate time shares act , if a licensee is elling a timeshare located withing the state of new jersey , all of the following are true except that he

a) license must hold a timeshare sales license

b) timeshare must be approved by the real estate commission

c) licensee must provid the buyer with a copy of the public offering statement

d) contact of sale must provide notice of a seven calendar day recission period