Terms Used In California Codes > Education Code > Title 1 > Division 1 > Part 10 > Chapter 7 > Article 6 - Miscellaneous

• Apportionment: means an apportionment made under this chapter unless the context otherwise requires. See California Education Code 16502
• Association: means the organized body consisting of the purchasers of time-share interests in a time-share plan. See California Business and Professions Code 11212
• Board: means the State Allocation Board. See California Education Code 16502
• Commissioner: means the Real Estate Commissioner. See California Business and Professions Code 11212
• Contract: A legal written agreement that becomes binding when signed.
• Department: means the State Department of Education. See California Education Code 16502
• Developer: means and includes any person who creates a time-share plan or is in the business of selling time-share interests, other than those employees or agents of the developer who sell time-share interests on the developer's behalf, or retains agents to do the same, or any person who succeeds to the interest of a developer by sale, lease, assignment, mortgage, or other transfer, but the term includes only those persons who offer time-share interests for disposition in the ordinary course of business. See California Business and Professions Code 11212
• Director: means the Director of Education for kindergarten and grades 1 to 12, inclusive. See California Education Code 16502
• Escrow: Money given to a third party to be held for payment until certain conditions are met.
• Fraud: Intentional deception resulting in injury to another.
• Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
• Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). ^{Source: OCC}
• Lien: A claim against real or personal property in satisfaction of a debt.
• Project: means the purposes for which a school district has applied for an apportionment. See California Education Code 16502
• Public report: means a preliminary public report, conditional public report, final public report, or other such disclosure document authorized for use in connection with the offering of time-share interests pursuant to this chapter. See California Business and Professions Code 11212
• State: means the State of California, unless applied to the different parts of the United States. See California Business and Professions Code 21
• Time-share plan: means any arrangement, plan, scheme, or similar device, other than an exchange program, whether by membership agreement, sale, lease, deed, license, right to use agreement, or by any other means, whereby a purchaser, in exchange for consideration, receives ownership rights in or the right to use accommodations for a period of time less than a full year during any given year, on a recurring basis for more than one year, but not necessarily for consecutive years. See California Business and Professions Code 11212
• Time-share property: means one or more accommodations subject to the same time-share instrument, together with any other property or rights to property appurtenant to those accommodations. See California Business and Professions Code 11212