[(a)Applicants may pay fees in the form of a check, cashier's check or money order made payable to the Texas Real Estate Commission.] (a)[(b)] An applicant for registration of a timeshare plan or an applicant for abbreviated registration of a timeshare plan [property] shall pay a filing fee of $2.00 for each 7 days of annual use availability in each accommodation that is a part of the timeshare plan [per timeshare interest to be sold for units located on the timeshare property], provided, however, that the commission shall charge and collect a minimum filing fee of $500.00 and that no registration filing fee shall exceed $3,500.00 [$2,500.00 ]. (b)[(c)] An applicant for amendment of the registration of a timeshare plan [property] shall pay a minimum filing fee of $100.00, provided, however, that the filing fee for an amendment that increases the number of timeshare interests to be sold [by more than 10%] from the number that existed or were proposed for sale in the original registration shall be $2.00 for each 7 days of annual use availability in each timeshare unit that is being added to the timeshare plan [$.50 per new timeshare interest] and that no filing fee shall exceed $2,000.00 [$1,000.00]. (c)An applicant for presale authorization shall pay a filing fee of $100.00 in addition to the filing fee due under subsection (a) of this section. (d)A filing fee is not refundable once an application is accepted for filing by the commission.
This agency hereby certifies that the proposal has been reviewed
by legal counsel and found to be within the agency's legal authority to adopt.
Filed with the Office of
the Secretary of State on October 19, 2005
TRD-200504697 Loretta
DeHay
General Counsel
Texas Real Estate Commission
Earliest possible date of adoption: December 4, 2005
For further information, please call: (512) 465-3900
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