Illinois Compiled Statutes 765 Property: Article 5 - Registration Requirements And Fees

• Illinois Real Estate Timeshare Act of 1999. - 765 ILCS 101, Section 5-5
  Exemptions from developer registration. A person shall not be required to register as a developer under this Act if: (1) the person is an owner...
• Illinois Real Estate Timeshare Act of 1999. - 765 ILCS 101, Section 5-10
  Exempt communications. (a) The following communications are exempt from the provisions of this Act: (1) Any stockholder communication such as an annual report or...
• Illinois Real Estate Timeshare Act of 1999. - 765 ILCS 101, Section 5-15
  Developer registration requirements. (a) Registration required. Any person who sells, offers to sell, or attempts to solicit prospective purchasers or to solicit any individual located...
• Illinois Real Estate Timeshare Act of 1999. - 765 ILCS 101, Section 5-20
  Developer supervisory duties. The developer shall have the duty to supervise, manage, and control all aspects of the offering of the timeshare plan, including, but...
• Illinois Real Estate Timeshare Act of 1999. - 765 ILCS 101, Section 5-25
  (765 ILCS 101/5-25) Sec. 5-25. Timeshare plan public offering statement requirements. (a) A developer shall prepare a public offering statement, shall provide the statement...
• Illinois Real Estate Timeshare Act of 1999. - 765 ILCS 101, Section 5-30
  Exchange company registration and disclosure requirements. (a) An exchange company shall register with the Department at least 20 calendar days prior to offering an exchange...
• Illinois Real Estate Timeshare Act of 1999. - 765 ILCS 101, Section 5-35
  (Repealed). (Source: P.A. 91-585, eff. 1-1-00. Repealed by P.A. 96-738, eff. 8-25-09.)
• Illinois Real Estate Timeshare Act of 1999. - 765 ILCS 101, Section 5-40
  (765 ILCS 101/5-40) Sec. 5-40. Resale agent duties. A resale agent shall comply with all of the following: (a) Prior to engaging in any...
• Illinois Real Estate Timeshare Act of 1999. - 765 ILCS 101, Section 5-45
  Amendment to registration information or public offering statement. The developer and exchange company shall amend or supplement their disclosure documents and registration information to reflect...
• Illinois Real Estate Timeshare Act of 1999. - 765 ILCS 101, Section 5-50
  Registration review time frames. Every registration required to be filed with the Department under this Act shall be reviewed and issued a certificate of registration...
• Illinois Real Estate Timeshare Act of 1999. - 765 ILCS 101, Section 5-55
  Fees. The Department shall provide, by rule, for fees to be paid by applicants and registrants to cover the reasonable costs of the Department in...
• Illinois Real Estate Timeshare Act of 1999. - 765 ILCS 101, Section 5-60
  Registration; offer or disposal of interest; renewal. (a) A developer or exchange company, or any of their agents, shall not sell, offer, or dispose of...
• Illinois Real Estate Timeshare Act of 1999. - 765 ILCS 101, Section 5-65
  Securities. The offer or disposition of a timeshare interest in a timeshare plan which satisfies all the requirements of this Act shall not be...

Last modified: February 18, 2015