§ 2805.9. Reservation Rights.

Latest version.

(a) The term “the right to use accommodations at a specific time-share property” used in Section 11212(z)(2)(A) means a priority right of not less than sixty days to reserve accommodations at that specific time-share property without competing with owners of time-share interests at other time-share properties that are part of the multi-site time-share plan.
(b) The term “use rights in accommodations at one or more other component sites” as used in Section 11212(z)(2)(A) means the right, on a non-priority basis, to reserve accommodations in component sites of the multi-site time-share plan.

HISTORY

1. New section filed 5-5-2005; operative 7-1-2005 (Register 2005, No. 18).

Note

Note: Authority cited: Section 11281, Business and Professions Code. Reference: Section 11212, Business and Professions Code.

                    
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