Timeshare Registration & Renewal
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The Texas Real Estate Commission regulates the sale of timeshare interests under the provisions of the
Texas Timeshare Act, Chapter 221, Texas Property Code the Chapter 621, Contests and Gift Giveaways, Texas Business and Commerce Code and Sections 543.1 - 543.12 of the Rules of the Texas Real Estate Commission.
Before a developer can sell or offer to sell a timeshare interest in Texas, a developer must register the timeshare plan with the Texas Real Estate Commission. Original applications are filed on the TREC Form for Application to Register a Timeshare Plan and applications to amend are filed on the TREC Form for Application to Amend a Timeshare Registration. The registration filing fees range from $500 to $3500, and the Amendment Application fees range from $100 to $2000. A timeshare plan registered in another jurisdiction that has similar or more stringent requirements than Texas’ may be able to file an application for abbreviated registration on the TREC Form for Abbreviated Registration of a Timeshare Plan.
The Commission will begin renewing registrations with anniversary dates that fall on or after January 15, 2007. The Commission will mail a renewal notice to the developer’s address approximately 90 days before the anniversary date. The developer will need to complete the TREC Form to Renew the Registration of a Timeshare Plan, and pay a renewal fee of $100. The renewal will be for 2 years. It is incumbent on each developer to keep a current mailing address on file with the Commission to ensure receipt of the renewal notice.
The Commission also handles consumer complaints regarding the sale of timeshare interests. The Texas Timeshare Act authorizes the Commission to take disciplinary action against the registration of a timeshare plan for a violation of the Act. Complaint forms and information are available from the Commission. The Commission does not resolve contractual disputes.
Information on scams, resales, and a list of licensed resale companies is available on the website of the American Resort Development Association-Resort Owner Coalition (ARDA-ROC): http://www.ardaroc.org/resales/