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2019 Montana Code Annotated
Title 37. Professions and Occupations
Chapter 53. Timeshare Sales
Part 3. Licensure of Brokers and Salespersons
37-53-305. Transfer of developer's interest
Universal Citation: MT Code § 37-53-305 (2019)
37-53-305. Transfer of developer's interest. A developer may not sell, lease, assign, or otherwise transfer the developer's interest in a project unless the transferee agrees in writing to honor the purchaser's right to use and occupy the timeshare unit, to honor the purchaser's right to cancel, and to comply with this chapter. Each purchaser whose contract may be affected must be given written notice of a transfer immediately after the transfer is made.
History: En. Sec. 16, Ch. 444, L. 1987; amd. Sec. 1416, Ch. 56, L. 2009.
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