| (a) A person who wishes to register a timeshare property shall
submit an application for registration using forms prepared by the commission.
The commission may not accept for filing an application submitted without
a complete application form or the appropriate filing fee.
(b) If the commission determines that an application for registration
of a timeshare property satisfies all requirements for registration, the commission
shall promptly register the timeshare property. The commission shall notify
the applicant in writing that the timeshare property has been registered,
specifying the effective date of registration and shall assign a registration
number to the timeshare property.
(c) If the commission determines that an application for registration
of a timeshare property fails to satisfy any requirement for registration,
the commission shall notify the applicant of any deficiency in writing. The
commission may require an applicant to revise and resubmit written documents
filed with the application or to provide additional information if the commission
determines that the application is incomplete or inaccurate. Upon submission
by an applicant of a response sufficient in the opinion of the commission
to cure any deficiency in the application, the commission shall promptly register
the timeshare property and provide the applicant with the written notice required
by these rules. An application will be terminated, and the commission shall
take no further action 180 days after the commission mails a request to the
applicant for curative action.
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