Maryland Commercial Law Section 14-2401

Article - Commercial Law

§ 14-2401.

      (a)      In this subtitle the following words have the meanings indicated.

      (b)      "Purchaser" means a person who has contracted to acquire a vacation club membership.

      (c)      (1)      "Sales agent" means a person who has contracted to sell a vacation club membership.

            (2)      "Sales agent" includes the developer of a vacation club membership plan.

      (d)      "Vacation accommodation" means a place of lodging and related facilities over which the user does not have permanent exclusive control.

      (e)      (1)      "Vacation club membership" means an interest in a vacation club membership plan that entitles the purchaser to the use or occupancy of a vacation accommodation on a recurring basis, whether or not the exercise of the right to use or occupy depends on the availability of a vacation accommodation.

            (2)      "Vacation club membership" includes an interest in a club that provides or arranges for the use or occupancy of campgrounds, condominiums, or other vacation accommodations.

            (3)      "Vacation club membership" does not include a time-share defined under Title 11A of the Real Property Article.

      (f)      "Vacation club membership plan" means a plan in which the purchaser has the right to the use or occupancy of any number of vacation accommodations on a recurring basis.



This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.