PocketLaw | Code Of Alabama | Vacation Time-Sharing Plans.

Vacation Time-Sharing Plans.

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Section
34-27-50

Definitions.

Section
34-27-51

Acts Constituting Violation of Article - Sell, etc.; Without License; Failure to Provide Certain Documents at Time of Registration; Failure to Follow Rules of Advertising.

Section
34-27-52

Acts Constituting Violation of Article - Failure to Keep Certain Items Among Business Records.

Section
34-27-53

Acts Constituting Violation of Article - Failure to Utilize, etc., Fully Completed Copy of Contract.

Section
34-27-54

Acts Constituting Violation of Article - Failure, etc., to Honor Buyer's Request to Cancel Contract.

Section
34-27-55

Acts Constituting Violation of Article - Failure to Refund All Payments; Failure to Place All Funds in Escrow Account.

Section
34-27-56

Acts Constituting Violation of Article - Misrepresentation.

Section
34-27-57

Acts Constituting Violation of Article - Sell, etc., Interest in Plan to Third Person That Substantially Affects Rights of Other Owners.

Section
34-27-58

Acts Constituting Violation of Article - Failure to Place 50 Percent of Cash, etc., Received in Escrow; Failure to Provide Liability Insurance, Etc.

Section
34-27-59

Acts Constituting Violation of Article - Failure to Disclose Total Financial Obligation, etc., in Contract.

Section
34-27-60

Acts Constituting Violation of Article - Misrepresentation; Waiver of Rights of Purchasers; Sale, etc., Without License; Bad Checks.

Section
34-27-61

Hearing; Refusal, Suspension, or Revocation of License; Willful Violation Defined; Escrow Deficiency.

Section
34-27-62

Enforcement and Implementation of Article; Acts Constituting Misdemeanors; Voidability of Sales of Unregistered Plans, Etc.

Section
34-27-63

Filing of Plan Relating to Units Not Substantially Completed Requires Filing of Additional Documents.

Section
34-27-64

Registration Fees; Assessment of Costs of Investigating Violation of Article.

Section
34-27-65

Proceeds From Sale, etc., of Lease Plan Exempt From Transient Occupancy Tax.

Section
34-27-66

Examination and License Requirements; Issuance and Renewal of License; Inactive Status; Change of Address.

Section
34-27-67

Registration Required of Every Plan Offered for Sale.

Section
34-27-68

Commission May Seek Injunctive Relief, etc., for Violation of Article; Investigation; Revocation of Registration.

Section
34-27-69

Surety Bond; Suspension, etc., of License for Violation of Article; Reinstatement; Relicensure; Board Must Be Notified of Initiation, etc., of Legal Action.