Bus. & Prof. Code §11245.1. Temporary Accommodations: Time-Share Interest

California Business and Professions Code  >  Bus. & Prof. Code §11245.1. Temporary Accommodations: Time-Share Interest

*New statutes and amendments effective January 1, 2020 are shown in bold, underline italics. [ ] indicates an amendment of deleted text only.

Notwithstanding paragraph (3) of subdivision (f) of Section 17537.2, a person subject to this chapter may offer as an incentive to a prospective purchaser of a time-share interest temporary accommodations that are located beyond a 20-mile radius of the property on which the time-share interest offered for sale is located, if all of the following conditions are met:

            (a) The offeror has provided the prospective purchaser with prior written notice of the location of the temporary accommodations being offered as an incentive, including, but not limited to, (1) information identifying the distance of the  ■ temporary accommodations from the property on which the ■ time-share interest offered for sale is located and (2) an estimated travel time from the temporary accommodation to the property on which the time-share interest offered for sale is located.

            (b) The prospective purchaser has acknowledged their consent to the location of the temporary accommodations in writing or electronically.

            (c) The offeror has complied with Section 11245.

            (d) This section shall remain in effect only until January 1, 2023, and as of that date is repealed. [2019]