diff --git a/changelogs/fragments/560-update-vcenter-ovf-libraryitem-docs.yml b/changelogs/fragments/560-update-vcenter-ovf-libraryitem-docs.yml
new file mode 100644
index 00000000..9f093d29
--- /dev/null
+++ b/changelogs/fragments/560-update-vcenter-ovf-libraryitem-docs.yml
@@ -0,0 +1,3 @@
+---
+bugfixes:
+  - vcenter_ovf_libraryitem - Update documentation to mention the metadata cannot be updated via conventional means. Added example showing workaround (https://github.com/ansible-collections/vmware.vmware_rest/issues/385)
diff --git a/config/modules.yaml b/config/modules.yaml
index 42bfd45f..6f0120ee 100644
--- a/config/modules.yaml
+++ b/config/modules.yaml
@@ -114,6 +114,8 @@
 - vcenter_info:
 - vcenter_network_info:
 - vcenter_ovf_libraryitem:
+    documentation:
+      description: This operation creates a library item in content library whose content is an OVF package derived from a source virtual machine or virtual appliance, using the supplied create specification. For an existing library item whose content is updated by this operation, the original content is overwritten. Meta data such as name and description is not updated for the existing library item. PLease see the examples for a workaround if you need to update the description.
 - vcenter_resourcepool_info:
 - vcenter_resourcepool:
 - vcenter_storage_policies_info:
diff --git a/plugins/modules/vcenter_ovf_libraryitem.py b/plugins/modules/vcenter_ovf_libraryitem.py
index 75376a3d..f3ca3ba6 100644
--- a/plugins/modules/vcenter_ovf_libraryitem.py
+++ b/plugins/modules/vcenter_ovf_libraryitem.py
@@ -11,8 +11,12 @@
 module: vcenter_ovf_libraryitem
 short_description: Creates a library item in content library from a virtual machine
     or virtual appliance
-description: 'Creates a library item in content library from a virtual machine or
-    virtual appliance. '
+description: This operation creates a library item in content library whose content
+    is an OVF package derived from a source virtual machine or virtual appliance,
+    using the supplied create specification. For an existing library item whose
+    content is updated by this operation, the original content is overwritten. Meta
+    data such as name and description is not updated for the existing library item.
+    PLease see the examples for a workaround if you need to update the description.
 options:
     client_token:
         description:
@@ -261,93 +265,85 @@
 """
 
 EXAMPLES = r"""
-- name: Create a VM
-  vmware.vmware_rest.vcenter_vm:
-    placement:
-      cluster: "{{ lookup('vmware.vmware_rest.cluster_moid', '/my_dc/host/my_cluster') }}"
-      datastore: "{{ lookup('vmware.vmware_rest.datastore_moid', '/my_dc/datastore/rw_datastore') }}"
-      folder: "{{ lookup('vmware.vmware_rest.folder_moid', '/my_dc/vm') }}"
-      resource_pool: "{{ lookup('vmware.vmware_rest.resource_pool_moid', '/my_dc/host/my_cluster/Resources') }}"
-    name: test_vm1
-    guest_OS: RHEL_7_64
-    hardware_version: VMX_11
-    memory:
-      hot_add_enabled: true
-      size_MiB: 1024
-  register: my_vm
-
-- name: Create a content library pointing on a NFS share
-  vmware.vmware_rest.content_locallibrary:
-    name: my_library_on_nfs
-    description: automated
-    publish_info:
-      published: true
-      authentication_method: NONE
-    storage_backings:
-    - storage_uri: nfs://datastore.test/srv/share/content-library
-      type: OTHER
-    state: present
-  register: nfs_lib
-
+---
 - name: Export the VM as an OVF on the library
   vmware.vmware_rest.vcenter_ovf_libraryitem:
     session_timeout: 2900
     source:
       type: VirtualMachine
-      id: '{{ my_vm.id }}'
+      id: "{{ lookup('vmware.vmware_rest.vm_moid', 'My VM') }}"
     target:
-      library_id: '{{ nfs_lib.id }}'
+      library_id: 1111111-1111111-1111111-111111
     create_spec:
-      name: golden_image
-      description: an OVF example
+      name: Golden Image
+      description: A golden image for templating
       flags: []
     state: present
-  register: ovf_item
-
-- name: Get the list of items of the NFS library
-  vmware.vmware_rest.content_library_item_info:
-    library_id: '{{ nfs_lib.id }}'
-  register: lib_items
 
-- name: Create a new VM from the OVF
+# Due to an issue with the generated module code and the REST API limitations,
+# updating existing template descriptions must be done by removing the create_spec.name
+# attribute.
+#
+# Note that omitting the create_spec.name attribute will force the OVF template to be replaced.
+# Thus, the second task will always report as changed
+- name: Export the VM as an OVF on the library
   vmware.vmware_rest.vcenter_ovf_libraryitem:
-    ovf_library_item_id: '{{ (lib_items.value|selectattr("name", "equalto", "golden_image")|first).id }}'
-    state: deploy
+    session_timeout: 2900
+    source:
+        type: VirtualMachine
+        id: "{{ lookup('vmware.vmware_rest.vm_moid', 'My VM') }}"
     target:
-      resource_pool_id: "{{ lookup('vmware.vmware_rest.resource_pool_moid', '/my_dc/host/my_cluster/Resources') }}"
-    deployment_spec:
-      name: my_vm_from_ovf
-      accept_all_EULA: true
-      storage_provisioning: thin
+        library_id: 1111111-1111111-1111111-111111
+    create_spec:
+        name: Golden Image
+        description: Some unhelpful description
+        flags: []
+    state: present
+  register: _ovf_item
 
-- name: Create a new VM from the OVF and specify the host and folder
+- name: Update The Template Description
   vmware.vmware_rest.vcenter_ovf_libraryitem:
-    ovf_library_item_id: '{{ (lib_items.value|selectattr("name", "equalto", "golden_image")|first).id }}'
-    state: deploy
+    session_timeout: 2900
+    source:
+      type: VirtualMachine
+      id: "{{ lookup('vmware.vmware_rest.vm_moid', vm_name) }}"
     target:
-      resource_pool_id: "{{ lookup('vmware.vmware_rest.resource_pool_moid', '/my_dc/host/my_cluster/Resources') }}"
-      folder_id: "{{ lookup('vmware.vmware_rest.folder_moid', '/my_dc/vm') }}"
-      host_id: "{{ lookup('vmware.vmware_rest.host_moid', '/my_dc/host/my_cluster/esxi1.test/test_vm1') }}"
-    deployment_spec:
-      name: my_vm_from_ovf_on_a_host
-      accept_all_EULA: true
-      storage_provisioning: thin
+      library_id: "{{ library_id }}"
+      library_item_id: "{{ _ovf_item.id }}"
+    create_spec:
+      description: A much better description for this template
+      flags: []
 """
+
 RETURN = r"""
-# content generated by the update_return_section callback# task: Create a new VM from the OVF and specify the host and folder
+id:
+  description: The ID of the OVF template
+  returned: When the template is created
+  type: str
+  sample:
+    id: "3994f858-2d45-4dac-b407-0643a29308bd"
+
+# Sample shows values if OVF is created
 value:
-  description: Create a new VM from the OVF and specify the host and folder
+  description: Details about the OVF if it was created, or an ID if the OVF was updated
   returned: On success
-  sample:
-    error:
-      errors: []
-      information: []
-      warnings: []
-    resource_id:
-      id: vm-1078
-      type: VirtualMachine
-    succeeded: 1
   type: dict
+  sample:
+    cached: true
+    certificate_verification_info:
+      status: "INTERNAL"
+    content_version: "3"
+    creation_time: "2024-11-26T20:08:07.108Z"
+    description: "an OVF example"
+    id: "3994f858-2d45-4dac-b407-0643a29308bd"
+    last_modified_time: "2024-12-02T15:43:24.882Z"
+    library_id: "fbcc0f38-b7d9-4243-95f6-fb28f1ab35a6"
+    metadata_version: "1"
+    name: "golden"
+    security_compliance: true
+    size: 875576749
+    type: "ovf"
+    version: "1"
 """