Florida § 721.19 Provisions requiring purchase or lease of timeshare property by owners’ association or purchasers; validity

Florida Statutes

§ 721.19 — Provisions requiring purchase or lease of timeshare property by owners’ association or purchasers; validity

Florida § 721.19

TitleXL

Ch. 721VACATION AND TIMESHARE PLANS

This text of Florida § 721.19 (Provisions requiring purchase or lease of timeshare property by owners’ association or purchasers; validity) is published on Counsel Stack Legal Research, covering Florida primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Fla. Stat. § 721.19 (2026).

Text

In any timeshare plan in which timeshare estates or personal property timeshare interests are sold, no grant or reservation made by a declaration, lease, or other document, nor any contract made by the developer, managing entity, or owners’ association, which requires the owners’ association or purchasers to purchase or lease any portion of the timeshare property shall be valid unless approved by a majority of the purchasers other than the developer, after more than 50 percent of the timeshare periods have been sold.

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In any timeshare plan in which timeshare estates or personal property timeshare interests are sold, no grant or reservation made by a declaration, lease, or other document, nor any contract made by the developer, managing entity, or owners’ association, which requires the owners’ association or purchasers to purchase or lease any portion of the timeshare property shall be valid unless approved by a majority of the purchasers other than the developer, after more than 50 percent of the timeshare periods have been sold.