The time share 7-day right of rescission must be:

The correct answer is that the time share 7-day right of rescission must be clearly stated, written, and can be oral, as all these forms of communication can be considered correct under certain conditions.

For a time share transaction in Hawaii, the right of rescission is an essential consumer protection provision that allows buyers to cancel their purchase within a specified period, typically seven days from the date of signing the contract. This right must be effectively communicated to the buyer.

It must be clearly stated so that the buyer understands their rights and can make an informed decision. This clarity ensures that the buyer is fully aware of the ability to rescind the agreement, which is a significant aspect of consumer protection.

Additionally, the requirement for it to be in written form means that the information about the right of rescission should be provided in writing as part of the purchase contract. This written documentation serves as formal notice to the buyer and creates a record of the buyer's rights, making it easier for them to exercise that right if they choose to do so.

While the option for oral communication exists, it usually accompanies the written notice to reinforce the buyer’s understanding of their rights. Many states consider clear verbal communication as part of consumer rights education, which can complement the written