§ 14-2401

Maryland § 14-2401

• Jurisdiction: Maryland
• Article gcl: Commercial Law
• Title: 14

Text

(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.