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Florida Statute 721.551 | Lawyer Caselaw & Research
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F.S. 721.551 Case Law from Google Scholar Google Search for Amendments to 721.551

The 2024 Florida Statutes

Title XL
REAL AND PERSONAL PROPERTY
Chapter 721
VACATION AND TIMESHARE PLANS
View Entire Chapter
F.S. 721.551
721.551 Delivery of multisite timeshare plan purchaser public offering statement.
(1) The division is authorized to prescribe by rule the form of the approved multisite timeshare plan public offering statement that must be furnished by a seller to each purchaser pursuant to this section. The form of the public offering statement that is furnished to purchasers must provide fair, meaningful, and effective disclosure of all aspects of the multisite timeshare plan.
(2) The developer shall furnish each purchaser with the following:
(a) A copy of the approved multisite timeshare plan public offering statement text containing the information required by s. 721.55(1)-(6).
(b) A receipt for multisite timeshare plan documents and a list describing any exhibit to the filed public offering statement which is not delivered to the purchaser. The division is authorized to prescribe by rule the form of the receipt for multisite timeshare plan documents and the description of exhibits list that must be furnished to the purchaser pursuant to this section.
(c) If the purchaser will receive an interest in a specific multisite timeshare plan component site located in this state, the developer shall also furnish the purchaser with the information required to be delivered pursuant to s. 721.07(6)(a) and (b) for that component site.
(d) Any other exhibit that the developer elects to include as part of the purchaser public offering statement, provided that the developer first files the exhibit with the division.
(e) An executed copy of any document which the purchaser signs.
(f) The developer shall be required to provide the managing entity of the multisite timeshare plan with a copy of the approved filed public offering statement and any approved amendments thereto to be maintained by the managing entity as part of the books and records of the timeshare plan pursuant to s. 721.13(3)(d).
History.s. 23, ch. 95-274; s. 38, ch. 2000-302; s. 26, ch. 2004-279; s. 10, ch. 2015-144.

F.S. 721.551 on Google Scholar

F.S. 721.551 on Casetext

Amendments to 721.551


Arrestable Offenses / Crimes under Fla. Stat. 721.551
Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 721.551.



Annotations, Discussions, Cases:

Cases Citing Statute 721.551

Total Results: 1

Gilreath v. Westgate Daytona, Ltd.

Court: Fla. Dist. Ct. App. | Date Filed: 2004-04-01T23:53:00-08:00

Citation: 871 So. 2d 961

Snippet: thereto as required by ss. 721.07, 721.55, and 721.551." § 721.05(26), Fla. Stat. (2002). The Division