Arizona Laws 42-13453. Timeshare use form
A. On or before September 30 of each year, each managing entity shall file with the county assessor a timeshare use form, prescribed by the department, for each timeshare property. The form shall contain:
Terms Used In Arizona Laws 42-13453
- Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
- Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
- Department: means the department of revenue. See Arizona Laws 42-1001
- Managing entity: means the association or other person that undertakes the duties, responsibilities and obligations of the management of a timeshare plan. See Arizona Laws 42-13451
- Property: includes both real and personal property. See Arizona Laws 1-215
- Timeshare interest: includes either a timeshare estate or a timeshare use. See Arizona Laws 42-13451
- Timeshare property: means one or more accommodations subject to the same timeshare instrument, together with any other property or rights to property appurtenant to those accommodations. See Arizona Laws 42-13451
- Transient occupant: means any person who occupies an accommodation in a timeshare property and provides rental income to the developer or association to occupy the accommodation. See Arizona Laws 42-13451
1. The name and mailing address of the managing entity.
2. The total number of accommodations included within the managing entity’s timeshare property and the total number of available nights for all accommodations.
3. The total number of nights for all accommodations that were used by a transient occupant during the reporting year.
4. The estimated original gross sales price of any timeshare interest if an affidavit of legal value is not required pursuant to section 11-1133. The estimated original gross sales price shall be determined by equating the actual sales price for a timeshare interest to an estimated sales price for the timeshare interest on a weekly use basis.
B. The county assessor shall mail the timeshare use form to the last known mailing address of the managing entity on or before August 1 of each year.
C. If the managing entity does not file the timeshare use form, the managing entity retains its right to appeal the classification pursuant to chapter 16 of this title.
D. If the transient occupant use of the timeshare property was less than ten per cent of all available nights for all accommodations during the reporting period, the county assessor shall treat the timeshare property as if no transient occupant use occurred on the property.