HARRY HUGHES, Governor                                         2999

(E)  PENALTIES AND REMEDIES PROVIDED IN THIS TITLE ARE IN
ADDITION TO PENALTIES AND REMEDIES AVAILABLE UNDER ANY OTHER LAW.

(F)   IF ANY PROVISION OF THIS TITLE OR THE APPLICATION
THEREOF TO ANY PERSON OR CIRCUMSTANCES IS HELD INVALID, THE
INVALIDITY SHALL NOT AFFECT THE OTHER PROVISIONS OR APPLICATIONS
OF THIS TITLE WHICH CAN BE GIVEN EFFECT WITHOUT THE INVALID
PROVISIONS OR APPLICATION, AND TO THIS END THE PROVISIONS OF THIS
TITLE ARE SEVERABLE.

11A-126.

IN THE EVENT OF ANY CONFLICT BETWEEN THIS TITLE AND TITLE 11
OF THIS ARTICLE, THE PROVISIONS OF THIS TITLE SHALL PREVAIL, BUT
THIS TITLE DOES NOT INVALIDATE OR OTHERWISE AFFECT RIGHTS OR
OBLIGATIONS VESTED UNDER TITLE 11 OF THIS ARTICLE BEFORE THE
EFFECTIVE DATE OF THIS TITLE, OR PRIOR TO THE RECORDING OF A
TIME-SHARE INSTRUMENT.

11A-127.

(A)  THIS TITLE APPLIES TO ALL TIME-SHARE PROJECTS IN THE
STATE EXCEPT TO THE EXTENT OF ANY INCONSISTENT RIGHT OR
OBLIGATION UNDER A PREEXISTING PROJECT INSTRUMENT, DOCUMENT
TRANSFERRING AN INTEREST IN REAL ESTATE, OR CONTRACT.

(B)  THE PROJECT INSTRUMENT OF ANY TIME-SHARE PROJECT IN
EXISTENCE BEFORE JULY 1, 1984 JANUARY 1, 1985, MAY BE AMENDED IN
ACCORDANCE WITH THIS TITLE. IF AN AMENDMENT GRANTS TO ANY PERSON
ANY RIGHTS, POWERS, OR PRIVILEGES PERMITTED BY THIS TITLE, ALL
CORRELATIVE OBLIGATIONS, LIABILITIES, AND RESTRICTIONS SHALL ALSO
APPLY TO THAT PERSON.

11A-128.

THIS TITLE MAY BE CITED AS THE "MARYLAND REAL ESTATE
TIME-SHARING ACT".

Article 56 - Licenses

212.

(d-2) [A "time-share] "TIME-SHARE estate" means the
ownership [of, or the right to use or occupy, real property
during 5 or more separated time intervals over a period of at
least 5 years, including renewal options] DURING SEPARATED TIME
PERIODS, OVER A PERIOD OF AT LEAST 5 YEARS, INCLUDING RENEWAL
OPTIONS, OF A TIME-SHARE UNIT OR ANY OF SEVERAL TIME-SHARE UNITS,
WHETHER THE OWNERSHIP IS A FREEHOLD ESTATE OR AN ESTATE FOR
YEARS.

(d-3) [A "time-share] "TIME-SHARE developer" means any
person[, partnership, association, or corporation owning or
controlling real property in which 5 or more time-share estates
are offered for sale to the public] IN THE BUSINESS OF CREATING