2013 South Carolina Code of Laws
Title 27 - Property and Conveyances
CHAPTER 32 - VACATION TIME SHARING PLANS
SECTION 27-32-55. Fees for resale of ownership interest; unfair trade practices.
An owner of an interest in a vacation time sharing plan may not be charged an up-front appraisal fee for the resale of his interest but may be charged only an up-front marketing fee or commission upon the resale of the interest in an amount stipulated by written agreement between the owner and his sales agent. A person violating the provisions of this section has committed an unfair trade practice pursuant to Section 39-5-20 and is subject to all penalties and remedies provided by law for this violation.
HISTORY: 2001 Act No. 35, Section 1; 2003 Act No. 84, Section 1.
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