Oregon Statutes 94.833 – Sale of timeshare plan located out-of-state
(1) Before negotiating within this state for the sale of a timeshare in a timeshare plan composed wholly or partially of timeshare property located outside this state, the developer of the timeshare plan must:
Terms Used In Oregon Statutes 94.833
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
(a) Comply with ORS § 94.803 and 94.807 to 94.945; and
(b) Record, in the real property records of each county or other appropriate jurisdiction of each state in which the timeshare property is located for use of a timeshare owner, the notice of timeshare plan, as defined in ORS § 94.885 for the timeshare plan. This recording requirement does not apply to timeshare property located in foreign countries.
(2) Before the sale of a timeshare in a timeshare plan composed wholly of timeshare property located within this state, the developer of the timeshare plan must comply with the applicable provisions of ORS § 94.803 and 94.807 to 94.945. [1983 c.530 § 18]
[Repealed by 1971 c.478 § 1]
(Purchaser’s Rights)