721.28 – Division of Florida Condominiums, Timeshares, and Mobile Homes Trust Fund.
721.28 Division of Florida Condominiums, Timeshares, and Mobile Homes Trust Fund.—All funds collected by the division and any amounts paid as fees or penalties under this chapter shall be deposited in the State Treasury to the credit of the Division of Florida Condominiums, Timeshares, and Mobile Homes Trust Fund created by s. 718.509. History.—s. 1, ch. […]
721.29 – Recording.
721.29 Recording.—If any timeshare plan accommodations or facilities are located in any jurisdiction that does not have recording laws or will not record any document or instrument required to be recorded pursuant to this chapter, the division shall have the discretion to accept an alternative method of protecting purchasers’ rights that will be effective under the […]
721.301 – Florida Timesharing, Vacation Club, and Hospitality Program.
721.301 Florida Timesharing, Vacation Club, and Hospitality Program.— (1)(a) There is established the Florida Timesharing, Vacation Club, and Hospitality Program. The primary purpose of this program is to provide the opportunity for a public-private partnership between the state and the timeshare, vacation club, hospitality, and tourism industries affecting this state. (b) In conducting the program, the director, or […]
721.32 – Effect of ch. 2000-302.
721.32 Effect of ch. 2000-302.—This act shall take effect June 15, 2000; however, all documents filed and approved in accordance with this chapter prior to June 15, 2000, or any amendments to such documents made subsequent to June 15, 2000, that are otherwise in compliance with this chapter prior to June 15, 2000, shall be deemed […]
721.15 – Assessments for common expenses.
721.15 Assessments for common expenses.— (1)(a) Until a managing entity is created or provided pursuant to s. 721.13, the developer shall pay all common expenses. The timeshare instrument shall provide for the allocation of common expenses among all timeshare units or timeshare interests on a reasonable basis, including timeshare interests owned or not yet sold by the […]
721.16 – Liens for overdue assessments; liens for labor performed on, or materials furnished to, a timeshare unit.
721.16 Liens for overdue assessments; liens for labor performed on, or materials furnished to, a timeshare unit.— (1) The managing entity has a lien on a timeshare interest for any assessment levied against that timeshare interest from the date such assessment becomes due. The managing entity also has a lien on a timeshare interest of any purchaser […]
721.165 – Insurance.
721.165 Insurance.— (1) Notwithstanding any provision contained in the timeshare instrument or in this chapter, chapter 718, or chapter 719 to the contrary, the managing entity shall use due diligence to obtain adequate casualty insurance as a common expense of the timeshare plan to protect the timeshare property against all reasonably foreseeable perils, in such covered amounts […]
721.17 – Transfer of interest; resale transfer agreements.
721.17 Transfer of interest; resale transfer agreements.— (1) Except in the case of a timeshare plan subject to the provisions of chapter 718 or chapter 719, no developer, owner of the underlying fee, or owner of the underlying personal property shall sell, lease, assign, mortgage, or otherwise transfer his or her interest in the accommodations and facilities […]
721.18 – Exchange programs; filing of information and other materials; filing fees; unlawful acts in connection with an exchange program.
721.18 Exchange programs; filing of information and other materials; filing fees; unlawful acts in connection with an exchange program.— (1) If a purchaser is offered the opportunity to subscribe to an exchange program, the seller shall deliver to the purchaser, together with the purchaser public offering statement, and prior to the offering or execution of any contract […]
721.19 – Provisions requiring purchase or lease of timeshare property by owners’ association or purchasers; validity.
721.19 Provisions requiring purchase or lease of timeshare property by owners’ association or purchasers; validity.—In any timeshare plan in which timeshare estates or personal property timeshare interests are sold, no grant or reservation made by a declaration, lease, or other document, nor any contract made by the developer, managing entity, or owners’ association, which requires the […]