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Section 14-2401 – Definitions

    (a)    In this subtitle the following words have the meanings indicated.     (b)    “Purchaser” means a person who has contracted to acquire a vacation club membership.     (c)    (1)    “Sales agent” means a person who has contracted to sell a vacation club membership.         (2)    “Sales agent” includes the developer of a vacation club membership plan.     (d)    “Vacation accommodation” means a place of lodging […]

Section 14-2402 – Cancellation of Contract; Applicability of Subtitle

    (a)    Within 10 calendar days after the execution of the contract to purchase a vacation club membership, either party may cancel the contract without penalty by mailing or delivering a notice of cancellation to the other party at the address specified in the contract.     (b)    (1)    Cancellation of a vacation club membership shall entitle the purchaser to a […]

Section 14-2403 – Violations of Subtitle

    (a)    It is a deceptive trade practice for a sales agent to violate any requirement of this subtitle.     (b)    If the sales agent violates any provision of this subtitle, the purchaser:         (1)    May cancel the contract by notifying the seller in any manner, by any means, and at any time of the purchaser’s intention to cancel; and         (2)    Is […]