ARTICLE 3. Time-Share Plan Requirements

Article 3 added by Stats. 2004, Ch. 697, Sec. 14.

§§ 11250–11256 · 7 sections

• § 11250 A time-share plan may be created in any accommodation unless otherwise prohibited. All time-share plans shall maintain a one-to-one purchaser to accommodation…
• § 11251 (a) The developer of a single site time-share plan and for the component sites of a multisite time-share plan located in the state, shall cause to be recorded…
• § 11252 In a time-share plan offering time-share use interests, the developer shall not encumber the accommodations of the time-share plan in a manner that could…
• § 11253 For single site time-share plans and component sites of multisite time-share plans located in this state, the time-share instrument shall require that the…
• § 11254 (a) In a time-share plan in which the fee or a long-term leasehold interest in all or some of the accommodations and in appurtenant real and personal property…
• § 11255 (a) The department shall require that each of the accommodations in a time-share plan offering time-share use interests be conveyed to a trustee or an…
• § 11256 (a) The contract proposed to be used by a developer applying for a public report for the sale or lease of time-share interests shall provide that if the escrow…