§ 18-14-301. Time-share plans permitted
A time-share plan may be established in any accommodation unless expressly prohibited by the project instruments.
§ 18-14-302. Contents of instruments establishing time-share estates
A project and time-share instrument that establishes a time-share estate located or offered in this state shall contain: (1) The name of the county in which the property is situated; (2) The legal description, street address, or other description sufficient to identify the property; (3) Identification of time periods by letter, name, number, or combination […]
§ 18-14-303. Provisions for management and operation of time-share estate plans
The time-share instruments for a time-share estate plan offered in this state shall prescribe reasonable arrangements for management and operation of the time-share plan or time-share property and for the maintenance, repair, and furnishing of accommodations including: (1) Establishment of an association of time-share estate owners; (2) Adoption of bylaws for organizing and operating the […]
§ 18-14-304. Developer control period
(a) The time-share instruments for a time-share estate plan may provide for a length of time, known as the “developer control period”, during which the developer, or a managing agent selected by the developer, may manage the time-share plan and the accommodations in the time-share plan. (b) If the time-share instruments for a time-share estate […]
§ 18-14-305. Instruments establishing time-share uses
A project instrument or time-share instrument that establishes time-share uses containing accommodations located or offered in this state shall contain: (1) Identification by name of the time-share plan and street address where the time-share plan is situated; (2) Identification of the time periods, type of accommodations, the accommodations that are in the time-share plan and […]
§ 18-14-306. Provisions for management and operation of time-share use plans
The time-share instruments for a time-share use plan containing accommodations offered in this state shall prescribe reasonable arrangements for the management and operation of the time-share plan and for the maintenance, repair, and furnishing of accommodations including: (1) Standards and procedures for upkeep, repair, and interior furnishing of accommodations and for maid, cleaning, linen, and […]
§ 18-14-307. Partition of accommodations
An action for partition of an accommodation shall not be maintained unless permitted by the time-share instrument.
§ 18-14-308. Records
(a) The association or managing agent shall maintain among its records a list of the names and post office addresses of the owners of time-share interests in the time-share plan. (b) The list shall: (1) Be updated every six (6) months; and (2) Not be published or provided to owners or a third person to […]
§ 18-14-309. Supervisory authority
(a) Notwithstanding the obligations imposed on other persons by this chapter, the developer shall supervise, manage, and control the aspects of the offering of a time-share plan, including the promotion, advertising, contracting, and closing. (b) A violation of this section during the offering is a violation by the developer and the person that committed the […]
§ 18-14-310. Out-of-state time-share plan
(a) A single site time-share plan and component sites of a multisite time-share plan that are located outside the state are to be established and governed by the applicable laws of the state in which the time-share property or component site is located. (b) If there is a conflict between the affirmative standards stated in […]