Florida Statutes Part II - Vacation Clubs (Ss. 721.50-721.58)

• 721.50 - Short Title.
  This part may be cited as the “McAllister Act” in recognition and appreciation for the years of extraordinary and insightful contributions by Mr. Bryan C....
• 721.51 - Legislative Purpose; Scope.
  (1) The purpose of this part is to advance the purposes of this chapter as set forth in s. 721.02 with respect to multisite vacation and...
• 721.52 - Definitions.
  As used in this chapter, the term:(1) “Applicable law” means the law of the jurisdiction where the accommodations and facilities referred to are located.(2) “Component site” means...
• 721.53 - Subordination Instruments; Alternate Security Arrangements.
  (1) With respect to each accommodation or facility of a multisite timeshare plan, the developer shall provide the division with satisfactory evidence that one of the...
• 721.55 - Multisite Timeshare Plan Public Offering Statement.
  Each filed public offering statement for a multisite timeshare plan shall contain the information required by this section and shall comply with the provisions of...
• 721.551 - Delivery Of Multisite Timeshare Plan Purchaser Public Offering Statement.
  (1) The division is authorized to prescribe by rule the form of the approved multisite timeshare plan public offering statement that must be furnished by a...
• 721.552 - Additions, Substitutions, Or Deletions Of Component Site Accommodations Or Facilities; Purchaser Remedies For Violations.
  Additions, substitutions, or deletions of component site accommodations or facilities may be made only in accordance with the following:(1) ADDITIONS.—(a) The timeshare instrument must provide for:1. The basis...
• 721.56 - Management Of Multisite Timeshare Plans; Reservation Systems; Demand Balancing.
  (1) The developer as a prerequisite for approval of his or her public offering statement filing or his or her phase filing must obtain an affidavit,...
• 721.57 - Offering Of Timeshare Estates In Specific Multisite Timeshare Plans; Required Provisions In The Timeshare Instrument.
  (1) In addition to meeting all the requirements of part I, timeshare estates offered in a specific multisite timeshare plan must meet the requirements of subsection...
• 721.58 - Filing Fee; Annual Fee.
  (1) The developer of the multisite timeshare plan shall pay the filing fee required by s. 721.07(4)(a); however, the maximum amount of such filing fee shall...

Last modified: September 23, 2016