Alabama Code (Last Updated: November 28, 2014) |
Title34 PROFESSIONS AND BUSINESSES. |
Chapter27. REAL ESTATE BROKERS. |
Article3. Vacation Time-sharing Plans. |
§ 34-27-50. Definitions. |
§ 34-27-51. Acts constituting violation of article - Sell, etc.; without license; failure to provide certain documents at time of registration; failure to follow rules of advertising. |
§ 34-27-52. Acts constituting violation of article - Failure to keep certain items among business records. |
§ 34-27-53. Acts constituting violation of article - Failure to utilize, etc., fully completed copy of contract. |
§ 34-27-54. Acts constituting violation of article - Failure, etc., to honor buyer's request to cancel contract. |
§ 34-27-55. Acts constituting violation of article - Failure to refund all payments; failure to place all funds in escrow account. |
§ 34-27-56. Acts constituting violation of article - Misrepresentation. |
§ 34-27-57. Acts constituting violation of article - Sell, etc., interest in plan to third person that substantially affects rights of other owners. |
§ 34-27-58. Acts constituting violation of article - Failure to place 50 percent of cash, etc., received in escrow; failure to provide liability insurance, etc. |
§ 34-27-59. Acts constituting violation of article - Failure to disclose total financial obligation, etc., in contract. |
§ 34-27-60. Acts constituting violation of article - Misrepresentation; waiver of rights of purchasers; sale, etc., without license; bad checks. |
§ 34-27-61. Hearing; refusal, suspension, or revocation of license; willful violation defined; escrow deficiency. |
§ 34-27-62. Enforcement and implementation of article; acts constituting misdemeanors; voidability of sales of unregistered plans, etc. |
§ 34-27-63. Filing of plan relating to units not substantially completed requires filing of additional documents. |
§ 34-27-64. Registration fees; assessment of costs of investigating violation of article. |
§ 34-27-65. Proceeds from sale, etc., of lease plan exempt from Transient Occupancy Tax. |
§ 34-27-66. Examination and license requirements; issuance and renewal of license; inactive status; change of address. |
§ 34-27-67. Registration required of every plan offered for sale. |
§ 34-27-68. Commission may seek injunctive relief, etc., for violation of article; investigation; revocation of registration. |
§ 34-27-69. Surety bond; suspension, etc., of license for violation of article; reinstatement; relicensure; board must be notified of initiation, etc., of legal action. |