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 05/11/2001
ACTION Final/Adopted
Preamble Texas Admin Code Rule
(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.

(b)An applicant for registration of a timeshare property shall pay a filing fee of $2.00 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 $2,500.00.

(c)An applicant for amendment of the registration of a timeshare 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 $.50 per new timeshare interest and that no filing fee shall exceed $1,000.00.

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 April 24, 2001

TRD-200102390

Mark A. Moseley

General Counsel

Texas Real Estate Commission

Effective date: May 14, 2001

Proposal publication date: January 26, 2001

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

 

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