§ 44-3-190. Real Estate Broker’s License Requirement; Collection of Compensation for Real Estate Brokerage Services From Persons Reselling Time-Share Intervals
It shall be unlawful for any person to engage in the business of, act in the capacity of, advertise, or assume to act as a sales agent or managing agent within this state without first obtaining a license to act as a real estate broker if required by Chapter 40 of Title 43. Prior to […]
§ 44-3-191. Requirements for Out-of-State Projects, Managing Agents, and Exchange Programs
Time-share projects located outside this state and offered for sale in this state must comply with such time-share regulations as exist in the situs state unless the provisions of this article are more restrictive, and then the provisions of this article shall be equally applicable. A time-share project located outside this state may supplement its […]
§ 44-3-192. Exceptions From Registration
Compliance with this article shall not be required in the case of: Any transfer of a time-share interval by any time-share interval owner other than the developer or such developer’s agent; Any disposition pursuant to court order; A disposition by a government or governmental agency; A disposition by foreclosure or deed in lieu of foreclosure; […]