Links to Official State Timeshare Laws and Guides/Manuals

[Grammarhero]

@TUGBrian @DeniseM @CalGalTraveler take a look. This weekend, I’m creating a spreadsheet with official links to states’ timeshare laws, as well as their statuses as to non-judicial, anti-deficiency foreclosures. In the meantime, I will just keep adding notes.


* Legal Disclaimer: This list and paraphrases of non-judicial, anti-deficiency timeshare foreclosure laws are to provide basic information on timeshare statutes. The list and paraphrases do not, nor are they intended to, render legal advice, nor are they an alternative for appropriate legal research. The referenced information constantly changes and evolves. Please consult appropriate legal counsel prior to any legal activities or signing any timeshare documents.

Admin Edit: Here is the most recent spreadsheets created by Grammarhero containing links to the applicable state laws he has researched!

Links to Official State Timeshare Laws and Guides/Manuals

somehow i accidentally moved this to the bluegreen forum, ive put it back in BSR but im pretty sure it was posted in another forum instead as a sticky (perhaps newbies?) let me know so i can move it back to where it was before =)

tugbbs.com

Links to Official State TS Laws:

1. Alabama – AL: https://arec.alabama.gov/arec/pages/professionals/licensing/timeshare_law.aspx?AspxAutoDetectCookieSupport=1
   
   
2. Arizona – AZ: http://az.elaws.us/ars/32-2197
   
   
3. Arkansas – AR: https://advance.lexis.com/api/permalink/2c03296b-e238-4411-86e2-3f67b93a6ae1/?context=1000516 (AK’s official statutes links provider is Lexis)
   
   
4. California – CA, TS owners get anti-deficiency judgments, even for judicial actions: https://leginfo.legislature.ca.gov/...vision=4.&title=&part=2.&chapter=2.&article=1
   
   http://www.dre.ca.gov/files/pdf/timeshare_manual.pdf (page 27 is where main sections begin)
   
   
5. Colorado – CO: http://leg.colorado.gov/sites/default/files/images/olls/crs2018-title-38.pdf (begins pg. 286)
   
   
6. Connecticut – CT: https://www.cga.ct.gov/current/pub/chap_734b.htm
   
   
7. Delaware – DE: https://delcode.delaware.gov/title6/c028/sc02/index.shtml#TopOfPage
   
   
8. Florida – FL, inaction or non-objection results in estate, anti-deficiency foreclosure, but objection leads to judicial, deficiency action: http://www.leg.state.fl.us/Statutes/index.cfm?App_mode=Display_Statute&URL=0700-0799/0721/0721.html
   https://www.flrules.org/gateway/ChapterHome.asp?Chapter=61B-37
   
   
9. Georgia – GA, HOA pursues non-judicial foreclosure and judicial, deficiency judgment afterwards (OCGA 44-3-232): https://advance.lexis.com/api/permalink/f9bf9859-8948-4c38-9623-7dc5ec7d5a2f/?context=1000516 (GA’s official statutes links provider is Lexis)
   
   
10. Hawaii – HI, developer has right to deficiency MF judgment for both judicial foreclosures or non-judicial power of sale (514-E29). http://cca.hawaii.gov/pvl/files/2013/08/hrs_pvl_514e.pdf (this is most updated from Hawaii website). TS mortgage defaults might get anti-deficiency treatment (HRS 667-27, 38, 42). https://www.capitol.hawaii.gov/hrscurrent/Vol13_Ch0601-0676/HRS0667/HRS_0667-.htm
11. Idaho – ID: https://legislature.idaho.gov/statutesrules/idstat/Title55/T55CH18/ (five-day rescission period for ID residents buying non-ID timeshares).
    
    
12. Illinois – IL, developer has option of pursuing a judicial, deficiency foreclosure, or non-judicial, anti-deficiency foreclosure: http://www.ilga.gov/legislation/ilcs/ilcs3.asp?ActID=3903&ChapterID=63 http://www.ilga.gov/legislation/publicacts/fulltext.asp?Name=100-1038&GA=100
13. Indiana – IN, only method to obtain waiver of deficiency judgment is for defaulting TS owner to waive sale notice period (IC 32-27-7-5): http://iga.in.gov/legislative/laws/2019/ic/titles/032#32-32
    
    
14. Iowa – IA: https://www.legis.iowa.gov/docs/ico/chapter/557A.pdf
    
    
15. Kentucky – KY: https://apps.legislature.ky.gov/law/statutes/chapter.aspx?id=39092 (look at .395 to .407, and .470 to .486)
    
    
16. Louisiana – LA: http://doa.louisiana.gov/osr/lac/46v67/46v67.doc (begins at page 32)
    http://legis.la.gov/Legis/Law.aspx?d=106597
    
    
17. Maine – ME: http://legislature.maine.gov/statutes/33/title33sec591.html
    
    
18. Maryland – MD, most foreclosure are non-judicial, but resorts can pursue judicial, deficiency actions afterwards: https://govt.westlaw.com/mdc/Browse/Home/Maryland/MarylandCodeCourtRules?guid=NA03512309CC311DB9BCF9DAC28345A2A&originationContext=documenttoc&transitionType=Default&contextData=(sc.Default) (MD’s official statutes link provider is Westlaw).
    
    
19. Massachusetts – MA: https://malegislature.gov/Laws/GeneralLaws/PartII/TitleI/Chapter183B
    
    
20. Michigan – MI: http://www.legislature.mi.gov/(S(3ime1k2p251maasd0ir4dq4i))/mileg.aspx?page=getObject&objectName=mcl-Act-59-of-1978
    
    
21. Minnesota – MN: https://www.revisor.mn.gov/statutes/cite/83
    https://www.revisor.mn.gov/rules/2810/
    
    
22. Mississippi – MS: http://www.mrec.ms.gov/docs/mrec_rules_and_regulations_July_2019.pdf (starts at page 31)
    
    
23. Missouri – MO, MO uses non-judicial foreclosures, but resort can pursue judicial, deficiency action afterwards: https://revisor.mo.gov/main/OneSection.aspx?section=407.600&bid=23110&hl= (407.600 to 407.630)
    
    
24. Montana – MT: https://leg.mt.gov/bills/mca/title_0370/chapter_0530/parts_index.html
    
    
25. Nebraska – NE: https://nebraskalegislature.gov/laws/statutes.php?statute=76-1701 (76-1701 to 76-1741)
    
    
26. Nevada – NV, defaulting TS owners have no right to non-judicial, anti-deficiency foreclosures, but defaulting homeowners do: https://www.leg.state.nv.us/NRS/NRS-119A.html
    
    
27. New Hampshire – NH: http://www.gencourt.state.nh.us/rsa/html/xxxi/356-b/356-b-mrg.htm
    http://www.gencourt.state.nh.us/rsa/html/XXXI/356-A/356-A-mrg.htm
    
    
28. New Jersey – NJ, most foreclosure are non-judicial, but resorts can pursue judicial, deficiency action afterwards: https://lis.njleg.state.nj.us/nxt/gateway.dll?f=templates&fn=default.htm&vid=Publish:10.1048/Enu (45:15-16.50 to 45:15-16.85)
    
    
29. New Mexico – NM: https://laws.nmonesource.com/w/nmos/Chapter-47-NMSA-1978#!b/a11 (47-11-1 to 47-11-13)
    
    
30. New York – NY, most foreclosures are non-judicial, but resorts can pursue deficiency judgments afterwards: https://ag.ny.gov/sites/default/files/13_nycrr_24.3.pdf
    
    
31. North Carolina – NC: https://www.ncleg.gov/EnactedLegislation/Statutes/PDF/ByArticle/Chapter_93A/Article_4.pdf
    
    
32. North Dakota – ND: https://www.legis.nd.gov/cencode/t43c23-1.pdf (doesn’t specifically reference timeshares)
    
    
33. Ohio – OH: http://codes.ohio.gov/orc/4735.25 (applicable to non-Ohio timeshares)
    
    
34. Oklahoma – OK: http://webserver1.lsb.state.ok.us/OK_Statutes/CompleteTitles/os71.rtf (very little protection for owners of OK TS. OK timeshares protected as securities, but resorts/developers often seek securities protection exemption per 1-203 on page 24)
    
    
35. Oregon – OR: https://www.oregonlegislature.gov/bills_laws/ors/ors094.html (94.803 to 94.945)
    
    
36. Pennsylvania – PA: http://www.pacodeandbulletin.gov/Display/pacode?file=/secure/pacode/data/049/chapter35/chap35toc.html&d= (very little protection for owners of PA TSs)
    
    
37. Rhode Island – RI: http://webserver.rilin.state.ri.us/Statutes/TITLE34/34-41/INDEX.HTM
    
    
38. South Carolina – SC, inaction or non-objection results in non-judicial, anti-deficiency foreclosure, but objection leads to judicial, deficiency action: https://www.scstatehouse.gov/code/t27c032.php
39. South Dakota – SD: http://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&Statute=43-15b
    
    
40. Tennessee – TN, TN has no anti-deficiency laws, TS statues begin at 66-32-101 https://advance.lexis.com/documentpage/?pdmfid=1000516&crid=5178a5ca-9f2e-49a6-9e03-9671bc8a5b72&nodeid=ACNABGAABAAB&nodepath=/ROOT/ACN/ACNABG/ACNABGAAB/ACNABGAABAAB&level=4&haschildren=&populated=false&title=66-32-101.+Short+title.&config=025054JABlOTJjNmIyNi0wYjI0LTRjZGEtYWE5ZC0zNGFhOWNhMjFlNDgKAFBvZENhdGFsb2cDFQ14bX2GfyBTaI9WcPX5&pddocfullpath=/shared/document/statutes-legislation/urn:contentItem:4X8K-WKT0-R03M-808V-00008-00&ecomp=h3t7kkk&prid=011cd32f-ea05-4fb7-bc94-598580c61884
41. Texas – TX: https://statutes.capitol.texas.gov/Docs/PR/htm/PR.221.htm
    
    
42. Utah – UT: https://le.utah.gov/xcode/Title57/Chapter19/57-19.html?v=C57-19_1800010118000101
    
    
43. Virginia – VA, VA has no anti-deficiency law, resort initiates a non-judicial foreclosure, objection leads to judicial foreclosure: https://law.lis.virginia.gov/vacodepopularnames/virginia-real-estate-time-share-act1/
    
    
44. Washington – WA: https://apps.leg.wa.gov/RCW/default.aspx?cite=64.36
    
    
45. West Virginia – WV: http://www.wvlegislature.gov/WVCODE/code.cfm?chap=36&art=9
    
    
46. Wisconsin – WI: http://docs.legis.wisconsin.gov/statutes/statutes/707.pdf
    
    
    Links to Official State TS Guides or Manuals
47. Alabama - AL
    
    
48. Arizona - AZ
    
    
49. Arkansas - AR
    
    
50. California – CA: http://www.dre.ca.gov/files/pdf/faqs/FAQ_Timeshares.pdf
    
    
51. Colorado - CO
    
    
52. Connecticut - CT
    
    
53. Delaware - DE
    
    
54. Florida - FL
    
    
55. Georgia – GA: http://consumer.georgia.gov/consumer-topics/timeshare-sales
    
    
56. Hawaii - HI
    
    
57. Idaho - ID
    
    
58. Illinois - IL
    
    
59. Indiana - IN
    
    
60. Iowa - IA
    
    
61. Kentucky - KY
    
    
62. Louisiana - LA
    
    
63. Maine - ME
    
    
64. Maryland - MD: http://www.marylandattorneygeneral.gov/CPD Documents/Tips-Publications/ConsumerGuideForMarylanders.pdf (section on TS begins on page 12).
    
    
65. Massachusetts - MA
    
    
66. Michigan - MI
    
    
67. Minnesota - MN
    
    
68. Mississippi - MS
    
    
69. Missouri - MO
    
    
70. Montana – MT:
    
    
71. Nebraska - NE
    
    
72. Nevada - NV
    
    
73. New Hampshire - NH
    
    
74. New Jersey - NJ
    
    
75. New Mexico - NM
    
    
76. New York – NY: https://ag.ny.gov/consumer_frauds/investing/you-buy-timeshare
    
    
77. North Carolina - NC
    
    
78. North Dakota - ND
    
    
79. Ohio - OH
    
    
80. Oklahoma - OK
    
    
81. Oregon - OR
    
    
82. Pennsylvania - PA
    
    
83. Rhode Island - RI
    
    
84. South Carolina – SC:
    
    
85. South Dakota - SD
    
    
86. Tennessee - TN: https://www.tn.gov/commerce/news/20...e-scammers-leave-you-without-a-vacation-.html
    
    
87. Texas - TX
    
    
88. Utah - UT
    
    
89. Virginia - VA
    
    
90. Washington - WA
    
    
91. West Virginia - WV
    
    
92. Wisconsin - WI

 

[pedro47]

To Grammarhero, thanks you for all the time and research you have spent in putting this Thread together.
I am reading about the Commonwealth of Virginia TS Laws and there have been many, many new changes in the TS Laws in the Commonwealth effective October 1, 2019.

 

[pedro47]

I am now reading about the TS Laws in South Carolina.
Wow.

 

[pedro47]

There are four (4) states that does not have timeshare resorts or TS laws. I have named three (3) of the states, Alaska , Wyoming & Vermont.

Can you name the other one ?

 

[Grammarhero]

There are four (4) states that does not have timeshare resorts or TS laws. I have named three (3) of the states, Alaska , Wyoming & Vermont.

Can you name the other one ?

Kansas.

 

[Grammarhero]

To Grammarhero, thanks you for all the time and research you have spent in putting this Thread together.
I am reading about the Commonwealth of Virginia TS Laws and there have been many, many new changes in the TS Laws in the Commonwealth effective October 1, 2019.

Thanks for letting me know. VA repealed the VA Timeshare Act, but passed the VA Real Estate Timeshare Act. The new link is here https://law.lis.virginia.gov/vacodepopularnames/virginia-real-estate-time-share-act1/

 

[pedro47]

Thanks you Grammarhero.

 

[TheHolleys87]

Wow, great work! Thank you, Grammarhero!

 

[CalGalTraveler]

@Grammarhero this is fantastic information. It would be helpful to list by the state links those that have "Non-judicial, Anti-deficiency laws for TS"

For example, Nevada has such laws but not for timeshares. My understanding from @Fredflintstone is that Florida, South Carolina and California apply to TS. Any others?

 

[Grammarhero]

@Grammarhero this is fantastic information. It would be helpful to list by the state links those that have "Non-judicial, Anti-deficiency laws for TS"

For example, Nevada has such laws but not for timeshares. My understanding from @Fredflintstone is that Florida, South Carolina and California apply to TS. Any others?

I will get to that this weekend. Thanks for recommendations.

 

[CalGalTraveler]

I will get to that this weekend. Thanks for recommendations.

No problem. This is awesome. Makes me rethink where I want to own that free giveaway timeshare...

 

[Grammarhero]

@Grammarhero this is fantastic information. It would be helpful to list by the state links those that have "Non-judicial, Anti-deficiency laws for TS"

For example, Nevada has such laws but not for timeshares. My understanding from @Fredflintstone is that Florida, South Carolina and California apply to TS. Any others?

Yes, CA is anti-deficiency as attached. As stated on the other thread, SC is also anti-deficiency, but defaulting TS owner should NOT object to a non-judicial foreclosure, as to reserve the anti-deficiency right. I will check FL and get back to you.

 

[Grammarhero]

@Grammarhero this is fantastic information. It would be helpful to list by the state links those that have "Non-judicial, Anti-deficiency laws for TS"

For example, Nevada has such laws but not for timeshares. My understanding from @Fredflintstone is that Florida, South Carolina and California apply to TS. Any others?

Interestingly, FL is also a state in which an objection to a non-judicial foreclosure waives those anti-deficiency protections.

 

[Fredflintstone]

But if you do nothing or not object, non judicial, antideficiency applies in Florida.
Similar to SC

http://www.leg.state.fl.us/Statutes...ute&URL=0700-0799/0721/Sections/0721.855.html






Sent from my iPhone using Tapatalk

 

[cyntravel]

Hi Grammarhero thank you so much for all the valuable information!

 

[SteelerGal]

Thanks for the valuable info.

 

[Grammarhero]

Oregon – OR, HOA forecloses on defaulting TS owner, can pursue judicial, deficiency action afterwards, homeowners get anti-deficiency but not TS owners, https://www.oregonlegislature.gov/bills_laws/ors/ors094.html (94.803 to 94.945)

 

[Grammarhero]

Oklahoma – OK, homeowners with homestead entitled to anti-deficiency, but not TS owners: http://webserver1.lsb.state.ok.us/OK_Statutes/CompleteTitles/os71.rtf(very little protection for owners of OK TS. OK timeshares protected as securities, but resorts/developers often seek securities protectionexemption per 1-203 on page 24)

 

[Grammarhero]

Montana – MT, MF default subject to deficiency judgment, but TS mortgage default gets anti-deficiency treatment (MT Code 71-1-232)
https://leg.mt.gov/bills/mca/title_0370/chapter_0530/parts_index.html
https://leg.mt.gov/bills/mca/title_0710/chapter_0010/part_0020/section_0320/0710-0010-0020-0320.html

 

[Grammarhero]

1. Arizona –AZ, TS defaults subject to judicial, deficiency action, single-family or duplex homeowners get anti-deficiency treatment, but not condo or TS owners. http://az.elaws.us/ars/32-2197 https://www.azleg.gov/ars/33/00814.htm

 

[Grammarhero]

North Dakota – ND, MF and mortgage defaults both subject to deficiency judgments, single-family or duplex to quadplex homeowners get anti-deficiency treatment, but not condo or TS owners, https://www.legis.nd.gov/cencode/t43c23-1.pdf (doesn’t specifically reference timeshares.
https://www.legis.nd.gov/cencode/t32c19.pdf

 

[Grammarhero]

North Carolina – NC, deficiency judgment state: https://www.ncleg.gov/EnactedLegislation/Statutes/PDF/ByArticle/Chapter_93A/Article_4.pdf

 

[pedro47]

Please look at the new Virginia Law effective 10/01/2019 and tell us. Who do you feel assisted in writing this new legislation into law.

Thanks in advance for any information; you can share with with the TUG community.

 

[Grammarhero]

Please look at the new Virginia Law effective 10/01/2019 and tell us. Who do you feel assisted in writing this new legislation into law.

Thanks in advance for any information; you can share with with the TUG community.

Looks like VA state Sen. John S. Edwards (D) primarily wrote the new law.

 

[pedro47]

Thanks you Grammarhero.