Directive 2008/122/EC

Directive 2008/122/EC is an EU regulation aimed at protecting consumers who purchase timeshares, holiday clubs, and long-term holiday products. It ensures that consumers are fully informed about their rights and the details of the contracts they enter into. Key protections include a 14-day cooling-off period allowing consumers to cancel their contracts and requirements for clear, transparent information from sellers. The directive aims to prevent misleading practices and ensure that consumers can make informed decisions when investing in vacation properties or related services.