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South Carolina Code > Title 27 > Chapter 32 - Vacation Time Sharing Plans

^{Current as of: 2009}

^{Check for updates}


§ 27-32-10	Definitions
§ 27-32-20	Advertisement or conveyance of plan in absence of licensure of seller and prior registration of plan prohibited; materials to be furnished commission by seller of plans; exem
§ 27-32-30	Materials to be kept among business records of seller of plans
§ 27-32-40	Furnishing copy of contract to purchaser; terms thereof
§ 27-32-50	Request to cancel contract
§ 27-32-55	Fees for resale of ownership interest; unfair trade practices
§ 27-32-60	Refund upon cancellation; escrow account
§ 27-32-70	Misrepresentation of right to cancel
§ 27-32-80	Transfer of seller's interest in plan or facilities to third party
§ 27-32-90	Escrow accounts; provisions; refunds; audits and examinations; disputed funds; investments and interest; record keeping; financial assurances
§ 27-32-95	Reserved by 2003, Act 84, Section 1
§ 27-32-100	Public offering statements; contents
§ 27-32-110	Prohibited practices
§ 27-32-115	Finder's fees; limitations on finder's activities
§ 27-32-120	Penalties for violation of chapter; effect on contract
§ 27-32-130	Enforcement and implementation of chapter; regulations
§ 27-32-140	Materials required to be filed with plans concerning facilities not substantially completed
§ 27-32-150	Fee for registration and renewal of vacation time sharing plans; examination of documentation pertaining to advertisement or sale; expenses for investigation and prosecution
§ 27-32-160	Grants in aid and contracts with similar agencies to further objectives
§ 27-32-170	Proceeds from sale or exchange exempt from sales tax
§ 27-32-180	Registration of persons engaging in the sale of vacation time sharing plans; form and contents; exemption for regular employees of seller; fees; seller's supervision and cont
§ 27-32-190	Registration of plans; powers of the commission
§ 27-32-200	Vacation Time Sharing Recovery Fund
§ 27-32-210	Recovery from fund; conditions
§ 27-32-220	Limitations on payments from fund
§ 27-32-230	Arbitration; automatic revocation of license; applicant receiving award to subrogate rights
§ 27-32-240	Property taxation of time share units; valuation; assessment; enforcement
§ 27-32-250	Sales or exchanges of vacation multiple ownership interests
§ 27-32-300	Short title
§ 27-32-305	Purpose
§ 27-32-310	Definitions
§ 27-32-315	Who may serve as trustee; appointment of successor trustee; notice of substitution of trustee
§ 27-32-320	Mortgage and assessment lien foreclosure statements; Resolution Trust Corporation mortgages
§ 27-32-325	Conditions for exercise of power of sale by trustee
§ 27-32-330	Notification of obligor; perfection of notice
§ 27-32-335	Contents, recording, and publication of notice of sale; right to cure default; copy to obligor; subsequent interests
§ 27-32-340	Certificate of compliance; contents; recording; reliance on lienholder for facts and circumstances of default
§ 27-32-345	Public sale procedures; certificate of sale
§ 27-32-350	Effect of sale on rights of parties; lienholder deficiency judgment; validity of sale presumed
§ 27-32-355	Trustee's deed; release of lien extinguished by sale
§ 27-32-360	Disposition of proceeds of sale; costs and fees
§ 27-32-365	Trustee's deed; contents; effect; liability of trustee
§ 27-32-370	Relation of article to other foreclosure proceedings; right of action preserved; severability; managing entity to release address of timeshare owner
§ 27-32-400	Citation of article
§ 27-32-405	Purpose
§ 27-32-410	Timeshare closing; time; representation; notice to purchaser; contents

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Questions & Answers: Time-Shares

Is a vacation rental home rented for a day, week, month and advertised on on the internet considered a business?...

Norma, Definitions of a "business" vary. Are you asking about this for IRS purposes? What's the context of your question?...

For use in Declaration of Covenants and Restrictions and for insurance purposes....

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