§ 93A-55 – Private enforcement.
93A-55. Private enforcement. The provisions of the Article shall not be construed to limit in any manner the right of a purchaser, owner, or other person injured by a violation of this Article to bring a private action. (1983, c. 814, s. 1; 2021-163, s. 1(c); 2021-192, s. 5(a).)
§ 93A-56 – Penalty for violation of Article.
93A-56. Penalty for violation of Article. Except as specifically provided elsewhere in this Article, any person violating the provisions of this Article shall be guilty of a Class 1 misdemeanor. (1983, c. 814, s. 1; 1985, c. 578, s. 11; 1987, c. 516, s. 19; 1993, c. 539, s. 658; 1994, Ex. Sess., c. 24, […]
§ 93A-47 – Timeshare proxies.
93A-47. Timeshare proxies. No proxy, power of attorney or similar device given by the owner of a timeshare regarding voting in a timeshare owners’ association shall exceed one year in duration, but the same may be renewed from year to year. (1983, c. 814, s. 1; 2021-163, s. 1(c); 2021-192, s. 5(a).)
§ 93A-48 – Exchange programs.
93A-48. Exchange programs. (a) If a purchaser is offered the opportunity to subscribe to any exchange program, the developer shall, except as provided in subsection (b) of this section, deliver to the purchaser, prior to the execution of (i) any contract between the purchaser and the exchange company, and (ii) the contract for sale, at […]
§ 93A-39 – Title.
93A-39. Title. This Article shall be known and may be cited as the "North Carolina Timeshare Act." (1983, c. 814, s. 1; 2021-163, s. 1(c); 2021-192, s. 5(a).)
§ 93A-40 – Registration required of timeshare programs; real estate license required.
93A-40. Registration required of timeshare programs; real estate license required. (a) Unless exempt under this Article, it shall be unlawful for any person in this State to engage or assume to engage in the business of a timeshare salesperson without first obtaining a real estate broker license issued by the North Carolina Real Estate Commission […]
§ 93A-41 – Definitions.
93A-41. Definitions. When used in this Article, unless the context otherwise requires, the term: (1) Assessment. – The share of funds required for the payment of common expenses which is assessed from time to time against each owner by the managing entity. (2) Board. – The board of directors of a timeshare owners’ association. (3) […]
§ 93A-42 – Timeshare estates deemed real estate; timeshare uses.
93A-42. Timeshare estates deemed real estate; timeshare uses. (a) A timeshare estate is deemed to be an interest in real estate and shall be governed by the law of this State relating to real estate. (b) An owner of a timeshare located in the State may, in accordance with G.S. 47-18, register the timeshare instrument […]
§ 93A-42.1 – Construction and validity of declarations adopted prior to the Timeshare Act.
93A-42.1. Construction and validity of declarations adopted prior to the Timeshare Act. (a) All provisions contained in timeshare declarations adopted and recorded at the appropriate register of deeds office prior to July 1, 1984, are severable. (b) The rule against perpetuities may not be applied to defeat any provision of timeshare declarations or bylaws adopted […]
§ 93A-43 – Partition.
93A-43. Partition. When a timeshare is owned by two or more persons as tenants in common or as joint tenants, either may seek a partition by sale of that interest under Chapter 46A of the General Statutes, but no owner of a timeshare shall maintain a proceeding for partition, whether by actual partition or by […]