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Session Laws, 1984
Volume 759, Page 2992   View pdf image
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2992                                         LAWS OF MARYLAND                                    Ch. 579

PARTICIPATING IN THE EXCHANGE PROGRAM, AND IF SO, THE NAME AND
LOCATION OF THE TIME-SHARE PROJECT AND THE NATURE OF THE
INTEREST;

(4)  WHETHER THE PURCHASER'S PARTICIPATION IN THE
EXCHANGE PROGRAM IS DEPENDENT UPON THE TIME-SHARE PROJECT'S
CONTINUED AFFILIATION WITH THE EXCHANGE PROGRAM;

(5)  THAT THE PURCHASER'S PARTICIPATION IN THE
EXCHANGE PROGRAM IS VOLUNTARY;

(6)  THE TERMS AND CONDITIONS OF THE PURCHASER'S
CONTRACTUAL RELATIONSHIP WITH THE EXCHANGE PROGRAM, AND THE
PROCEDURE BY WHICH CHANGES MAY BE MADE;

(7)  THE PROCEDURE TO QUALIFY FOR AND EFFECTUATE
EXCHANGES;

(8)  ALL LIMITATIONS, RESTRICTIONS, OR PRIORITIES
EMPLOYED IN THE OPERATION OF THE EXCHANGE PROGRAM, INCLUDING
LIMITATIONS ON EXCHANGES BASED ON SEASON, UNIT SIZE, OR LEVELS OF
OCCUPANCY, EXPRESSED IN BOLD-FACED TYPE; AND IN THE EVENT THAT
SUCH LIMITATIONS, RESTRICTIONS, OR PRIORITIES ARE NOT UNIFORMLY
APPLIED BY THE EXCHANGE PROGRAM, THE MANNER IN WHICH THEY ARE
APPLIED;

(9)  WHETHER EXCHANGES ARE ARRANGED ON A SPACE
AVAILABLE BASIS, AND WHETHER ANY GUARANTEES OF FULFILLMENT OF
SPECIFIC REQUESTS FOR EXCHANGES ARE MADE BY THE EXCHANGE PROGRAM;

(10)  WHETHER AND UNDER WHAT CIRCUMSTANCES A PURCHASER
MAY, IN DEALING WITH THE EXCHANGE PROGRAM, LOSE THE USE AND
OCCUPANCY OF HIS TIME-SHARE PERIOD IN ANY PROPERLY APPLIED FOR
EXCHANGE WITHOUT BEING PROVIDED WITH SUBSTITUTE ACCOMMODATIONS BY
THE EXCHANGE PROGRAM;

(11)  THE FEES FOR PARTICIPATION BY PURCHASERS IN THE
EXCHANGE PROGRAM, WHETHER ANY SUCH FEES MAY BE ALTERED BY THE
EXCHANGE COMPANY, AND THE CIRCUMSTANCES UNDER WHICH ALTERATIONS
MAY BE MADE;

(12)  THE NAME AND ADDRESS OF THE SITE OF EACH
ACCOMMODATION OR FACILITY IN THE TIME-SHARE PROJECTS
PARTICIPATING IN THE EXCHANGE PROGRAM;

(13)  THE NUMBER OF TIME-SHARE UNITS IN EACH
PARTICIPATING TIME-SHARE PROJECT WHICH ARE AVAILABLE FOR
OCCUPANCY EXPRESSED WITHIN THE FOLLOWING NUMERICAL GROUPINGS:
1-5; 6-10; 11-20; 21-50; 51 AND OVER;

(14)  THE NUMBER OF CURRENTLY ENROLLED PURCHASERS AT
EACH TIME-SHARE PROJECT PARTICIPATING IN THE EXCHANGE PROGRAM,
EXPRESSED WITHIN THE FOLLOWING NUMERICAL GROUPINGS: 1-100;
101-249; 250-499; 500-999; 1,000 AND OVER; AND A STATEMENT OF THE
CRITERIA USED TO DETERMINE THOSE PURCHASERS WHO ARE CURRENTLY
ENROLLED IN THE EXCHANGE PROGRAM;

 

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Session Laws, 1984
Volume 759, Page 2992   View pdf image
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