Florida Statute 721.12 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XL
REAL AND PERSONAL PROPERTY

Chapter 721
VACATION AND TIMESHARE PLANS

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F.S. 721.12

721.12 Recordkeeping by seller.—Each seller of a timeshare plan shall maintain among its business records the following:

(1) A copy of each contract for the sale of a timeshare interest, which contract has not been canceled. If a timeshare estate is being sold, the seller is required to retain a copy of the contract only until a deed of conveyance, agreement for deed, or lease is recorded in the office of the clerk of the circuit court in the county wherein the plan is located. If a personal property timeshare plan is being sold, the seller is required to retain a copy of the contract only until a certificate of transfer, agreement for transfer, lease, or other instrument of transfer that fully complies with s. 721.08 is delivered to the purchaser.

(2) A list of all salespersons of the seller and their last known addresses. The names and addresses of such salespersons whose employments terminate shall be retained for 3 years after termination of employment. If the seller has a contract with any entity not owned or controlled by the seller for the sale of the timeshare plan, that entity shall be responsible for maintaining a record of current employees involved in the sale of the timeshare plan and a record of any former employees involved in the sale of such plan within the previous 3 years.

History.—s. 1, ch. 81-172; s. 12, ch. 83-264; s. 51, ch. 85-62; s. 19, ch. 2000-302; s. 11, ch. 2004-279.

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Amendments to 721.12

Arrestable Offenses / Crimes under Fla. Stat. 721.12

Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 721.12.

Annotations, Discussions, Cases:

Cases Citing Statute 721.12

Total Results: 5

Sharp Electronics Corp. v. Romeka

Court: Fla. Dist. Ct. App. | Date Filed: 1987-09-23T00:00:00-07:00

Citation: 513 So. 2d 721, 12 Fla. L. Weekly 2294, 1987 Fla. App. LEXIS 12191

Snippet: Thompson, Zehmer 23 September 1987 513 So. 2d 721, 12 Fla. L. Weekly 2294, 1987 Fla. App. LEXIS 12191

Boshears v. State

Court: Fla. Dist. Ct. App. | Date Filed: 1987-08-24T00:00:00-07:00

Citation: 511 So. 2d 721, 12 Fla. L. Weekly 2056, 1987 Fla. App. LEXIS 10089

Snippet: Joanos, Wigginton, Zehmer 24 August 1987 511 So. 2d 721, 12 Fla. L. Weekly 2056, 1987 Fla. App. LEXIS 10089

Florida Bar v. Casler

Court: Fla. | Date Filed: 1987-06-18T00:00:00-07:00

Citation: 508 So. 2d 721, 12 Fla. L. Weekly 309, 1987 Fla. LEXIS 2045

Snippet: McDonald, Overton, Ret, Shaw 18 June 1987 508 So. 2d 721, 12 Fla. L. Weekly 309, 1987 Fla. LEXIS 2045 John

Blits v. Blits

Court: Fla. Dist. Ct. App. | Date Filed: 1987-05-19T00:00:00-07:00

Citation: 507 So. 2d 721, 12 Fla. L. Weekly 1283, 1987 Fla. App. LEXIS 8323

Snippet: Barkdull, Ferguson, Nesbitt 19 May 1987 507 So. 2d 721, 12 Fla. L. Weekly 1283, 1987 Fla. App. LEXIS 8323

Boston v. Antinori & Thury, P.A.

Court: Fla. Dist. Ct. App. | Date Filed: 1987-01-07T00:00:00-08:00

Citation: 500 So. 2d 721, 12 Fla. L. Weekly 219, 1987 Fla. App. LEXIS 6286

Snippet: Campbell, Hall, Ryder 7 January 1987 500 So. 2d 721, 12 Fla. L. Weekly 219, 1987 Fla. App. LEXIS 6286