§ 33-2206 – Duties of the managing entity
33-2206. Duties of the managing entity A. The duties of the applicable managing entity for a timeshare plan or timeshare property may include, but are not limited to: 1. Management of the timeshare plan or management and maintenance of the timeshare property, or both, in accordance with the timeshare instrument. 2. Collection of all assessments […]
§ 33-2207 – Foreclosure of assessment liens
33-2207. Foreclosure of assessment liens A. If an association, developer or other managing entity files an action to foreclose the assessment lien on timeshare interests, the association, developer or other managing entity may join in the same action multiple defendant obligors and junior interest holders of separate timeshare interests, on compliance with all of the […]
§ 33-2208 – Association open meetings; exceptions; notices
33-2208. Association open meetings; exceptions; notices A. Notwithstanding any provision in the timeshare instrument to the contrary and except as provided in this section, after the period of developer control under section 33-2204, all meetings of the association and board are open to all members of the association and all members so desiring shall be […]
§ 33-2209 – Financial and other records
33-2209. Financial and other records A. Except as provided in this section and section 33-2210, any owner or any person designated by the owner in writing as the owner s representative may inspect and copy all financial and other records of the association or other managing entity that are directly related to the timeshare plan […]
§ 33-2210 – List of owners
33-2210. List of owners A. The association or other managing entity shall maintain among its records a complete list of the names and addresses of all owners of timeshare interests in the timeshare plan. The association or other managing entity shall update this list no less frequently than quarterly. Neither the association nor other managing […]
§ 33-2211 – Trustee’s sale of timeshare estates; notice; cure; notice to prevent sale; definitions
33-2211. Trustee’s sale of timeshare estates; notice; cure; notice to prevent sale; definitions A. The association or other managing entity may cause a trustee’s sale of the timeshare estate, of an owner who is delinquent in the payment of assessments for that timeshare estate to that association or managing entity, under a timeshare instrument pursuant […]
§ 33-2201 – Application
33-2201. Application This chapter applies to all timeshare plans, timeshare property and associations in this state that are established on or after the effective date of this chapter. This chapter also applies, unless the timeshare instrument provides otherwise, to timeshare plans, timeshare property and associations in this state that are established at any time before […]
§ 33-2202 – Definitions
33-2202. Definitions In this chapter, unless the context otherwise requires: 1. " Accommodation" means any apartment, condominium or cooperative unit, cabin, lodge, hotel or motel room or other private or commercial structure that contains toilet facilities, that is designed and available for use and occupancy as a residence by one or more individuals and that […]
§ 33-2203 – Management of timeshare plan and timeshare property
33-2203. Management of timeshare plan and timeshare property A. For each timeshare plan and timeshare property in this state, the developer shall provide in the timeshare instrument for a managing entity. The managing entity may be the developer, a separate manager or management firm or an association. There may be different managing entities for the […]
§ 33-2204 – Powers of board; limitations; period of developer control; election of directors and officers; removal of directors
33-2204. Powers of board; limitations; period of developer control; election of directors and officers; removal of directors A. Except as provided in the timeshare instrument, subsection B or other provisions of this chapter, the board may act in all instances on behalf of the association. B. Except as expressly authorized in the timeshare instrument, the […]