Amends TCA Title 43; Title 44; Title 47; Title 48 and Title 66.
ON APRIL 11, 2024, THE SENATE ADOPTED AMENDMENT #2 AND PASSED SENATE BILL 2547, AS AMENDED. AMENDMENT #2 rewrites the bill, in the context of mutual rights of cancellation under the Time-Share Act of 1981, as follows: (1) Prohibits a developer, sales agent, or related party from taking any action to prohibit, impede, or intimidate a purchaser from obtaining assistance from another person to understand the purchaser's rights and remedies under applicable law or to address a concern the purchaser has about a time-share contract or cancellation at any time, whether before or after the rescission period; and (2) Authorizes a person to assist a purchaser with communicating or addressing any concern with a developer, sales agent, or related party about a time-share contract, cancellation, or termination before or after the rescission period, and such assistance is not legal business or the practice of law unless provided as part of an administrative or judicial proceeding.
ON APRIL 11, 2024, THE SENATE ADOPTED AMENDMENT #2 AND PASSED SENATE BILL 2547, AS AMENDED. AMENDMENT #2 rewrites the bill, in the context of mutual rights of cancellation under the Time-Share Act of 1981, as follows: (1) Prohibits a developer, sales agent, or related party from taking any action to prohibit, impede, or intimidate a purchaser from obtaining assistance from another person to understand the purchaser's rights and remedies under applicable law or to address a concern the purchaser has about a time-share contract or cancellation at any time, whether before or after the rescission period; and (2) Authorizes a person to assist a purchaser with communicating or addressing any concern with a developer, sales agent, or related party about a time-share contract, cancellation, or termination before or after the rescission period, and such assistance is not legal business or the practice of law unless provided as part of an administrative or judicial proceeding.
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