Texas Register
TITLE 22 EXAMINING BOARDS
PART 23TEXAS REAL ESTATE COMMISSION
CHAPTER 543RULES RELATING TO THE PROVISIONS OF THE TEXAS TIMESHARE ACT
RULE §543.3Fees
ISSUE 12/23/2005
ACTION Final/Adopted
Preamble Texas Admin Code Rule
(a)An applicant for registration of a timeshare plan or an applicant for abbreviated registration of a timeshare plan 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, 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.

(b)An applicant for amendment of the registration of a timeshare plan 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 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 and that no filing fee shall exceed $2,000.00.

(c)An applicant for pre-sale 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 adoption has been reviewed by legal counsel and found to be a valid exercise of the agency's legal authority.

Filed with the Office of the Secretary of State on December 9, 2005

TRD-200505663

Loretta R. DeHay

General Counsel

Texas Real Estate Commission

Effective date: January 15, 2006

Proposal publication date: November 4, 2005

For further information, please call: (512) 465-3900

 

Next Page       Previous Page

Link to Texas Secretary of State Home Page | link to Texas Register home page | link to Texas Administrative Code home page | link to Open Meetings home page