Connecticut General Statutes|Chapter 734b - Time Shares

Secs. 42-103w to 42-103bb. Application of chapter. Definitions. Contract; information required; right to cancel. Advertising and promotional devices. Unfair trade practices. Disclosure of information concerning prizes in advertisements and promotional materials.

Sec. 42-103cc. Short title: Time Share Act.

Sec. 42-103dd. Definitions.

Sec. 42-103ee. Application of Time Share Act and exemptions. Use of “vacation ownership” in advertisement and disclosures.

Sec. 42-103ff. Exempt communications.

Sec. 42-103gg. Recordation of time share instrument. Declaration. Licensure of sales agents. Exceptions.

Sec. 42-103hh. Ownership and conveyance of time share interest.

Sec. 42-103ii. Registration of time share plan. Presales authorization. Application fee. Developer requirements after approval by commissioner.

Sec. 42-103jj. Time share plan registration application. Abbreviated application. Statement in lieu of abbreviated application. Exclusion. Application investigation and inspection of property. Costs. Amendments to registration. Fee.

Sec. 42-103kk. Regulations. Penalties. Hearings. Enforcement. Compliance with other statutes. Developer registration. Fees.

Sec. 42-103ll. Advertisements and promotions. Prohibitions. Disclosures.

Sec. 42-103mm. Time share disclosure statement. Written acknowledgment of receipt.

Sec. 42-103nn. Exchange disclosure statement. Filing with department. Amendments. Fees.

Sec. 42-103oo. Duty and liability of developer.

Sec. 42-103pp. Cancellation of purchase contract.

Sec. 42-103qq. Purchase contract statements.

Sec. 42-103rr. Exchange company. Liability exceptions.

Sec. 42-103ss. Deposit of funds. Release of funds. Closing agent and developer agreement. Disputes relating to funds. Financial assurance in lieu of funds.

Sec. 42-103tt. Unfair trade practices. Use rights compliance. Nonmaterial error or omission.

Sec. 42-103uu. Insurance.

Sec. 42-103vv. Developer prohibitions. Penalty.

Sec. 42-103ww. Annual statement of time share plan or time share property provided by managing entity upon request. Audits. Unfair trade practice. Posting in registration area of accommodation. Extension. Enforcement.

Sec. 42-103xx. Treatment of assessments collected by managing entity. Disclosures. Fiduciary duty of managing entity.

Sec. 42-103yy. Assessments. Lien on time share interest. Foreclosure.

Sec. 42-103zz. Costs of delinquent assessment collection. Notice to purchaser.

Sec. 42-103aaa. Books and records.

Sec. 42-103bbb. Time share resale broker requirements. Rebuttable presumption. Exclusions.

Sec. 42-103ccc. Time share resale disclosure requirements.

Sec. 42-103ddd. Time share resale agreement requirements. Exceptions.

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