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Vacation Time Sharing Plans
Law
South Carolina Code of Laws
Property and Conveyances
Vacation Time Sharing Plans
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Section
27-32-10
Definitions.
Section
27-32-20
Advertisement or conveyance of plan in absence of licensure of seller and prior registration of plan prohibited; materials to be furnished commission by seller of plans; exemptions.
Section
27-32-30
Materials to be kept among business records of seller of plans.
Section
27-32-40
Furnishing copy of contract to purchaser; terms thereof.
Section
27-32-50
Request to cancel contract.
Section
27-32-55
Vacation time sharing resale services; written contract; and other requirements.
Section
27-32-60
Refund upon cancellation; escrow account.
Section
27-32-70
Misrepresentation of right to cancel.
Section
27-32-80
Transfer of seller's interest in plan or facilities to third party.
Section
27-32-90
Escrow accounts; provisions; refunds; audits and examinations; disputed funds; investments and interest; record keeping; financial assurances.
Section
27-32-95
Reserved by 2003, Act 84, Section 1.
Section
27-32-100
Public offering statements; contents.
Section
27-32-110
Prohibited practices.
Section
27-32-115
Finder's fees; limitations on finder's activities.
Section
27-32-120
Penalties for violation of chapter; effect on contract.
Section
27-32-130
Enforcement and implementation of chapter; regulations.
Section
27-32-140
Materials required to be filed with plans concerning facilities not substantially completed.
Section
27-32-150
Fee for registration and renewal of vacation time sharing plans; examination of documentation pertaining to advertisement or sale; expenses for investigation and prosecution.
Section
27-32-160
Grants in aid and contracts with similar agencies to further objectives.
Section
27-32-170
Proceeds from sale or exchange exempt from sales tax.
Section
27-32-180
Registration of persons engaging in the sale of vacation time sharing plans; form and contents; exemption for regular employees of seller; fees; seller's supervision and control; renewal.
Section
27-32-190
Registration of plans; powers of the commission.
Section
27-32-200
Vacation Time Sharing Recovery Fund.
Section
27-32-210
Recovery from fund; conditions.
Section
27-32-220
Limitations on payments from fund.
Section
27-32-230
Arbitration; automatic revocation of license; applicant receiving award to subrogate rights.
Section
27-32-240
Property taxation of time share units; valuation; assessment; enforcement.
Section
27-32-250
Sales or exchanges of vacation multiple ownership interests.
Section
27-32-300
Short title.
Section
27-32-305
Purpose.
Section
27-32-310
Definitions.
Section
27-32-315
Who may serve as trustee; appointment of successor trustee; notice of substitution of trustee.
Section
27-32-320
Mortgage and assessment lien foreclosure statements; Resolution Trust Corporation mortgages.
Section
27-32-325
Conditions for exercise of power of sale by trustee.
Section
27-32-330
Notification of obligor; perfection of notice.
Section
27-32-335
Contents, recording, and publication of notice of sale; right to cure default; copy to obligor; subsequent interests.
Section
27-32-340
Certificate of compliance; contents; recording; reliance on lienholder for facts and circumstances of default.
Section
27-32-345
Public sale procedures; certificate of sale.
Section
27-32-350
Effect of sale on rights of parties; lienholder deficiency judgment; validity of sale presumed.
Section
27-32-355
Trustee's deed; release of lien extinguished by sale.
Section
27-32-360
Disposition of proceeds of sale; costs and fees.
Section
27-32-365
Trustee's deed; contents; effect; liability of trustee.
Section
27-32-370
Relation of article to other foreclosure proceedings; right of action preserved; severability; managing entity to release address of timeshare owner.
Section
27-32-400
Citation of article.
Section
27-32-405
Purpose.
Section
27-32-410
Timeshare closing; time; representation; notice to purchaser; contents.
Section
27-32-500
Short title.
Section
27-32-505
Purposes of article.
Section
27-32-510
Extension of vacation time sharing plan terms; voting; quorum; proxy.
Section
27-32-520
Termination of vacation time sharing plan terms; effective date of termination; corporate status of vacation time sharing association; termination trustee; quorum; proxy.
Section
27-32-530
Application of article.