If the declaration provides that ownership or occupancy of any units is or may be in time-shares, the original sale certificate shall disclose, in addition to the information required by section 448.4-103:

(1) The number and identity of units in which time-shares may be created;

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(2) The total number of time-shares which may be created;

(3) The minimum duration of any time-shares which may be created; and

(4) The extent to which the creation of time-shares will or may affect the enforceability of the association’s lien for assessments provided in section 448.3-116.