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Time-Share Law

Article 3
Law NumberLaw Section Title 
Section 34-27-50 Definitions View Law
Section 34-27-51 Acts constituting violation of article - Sell, etc.; without license; failure to provide certain documents at time of registration; failure to follow rules of advertising View Law
Section 34-27-52 Acts constituting violation of article - Failure to keep certain items among business records View Law
Section 34-27-53 Acts constituting violation of article - Failure to utilize, etc., fully completed copy of contract View Law
Section 34-27-54 Acts constituting violation of article - Failure, etc., to honor buyer's request to cancel contract View Law
Section 34-27-55 Acts constituting violation of article - Failure to refund all payments; failure to place all funds in escrow account View Law
Section 34-27-56 Acts constituting violation of article - Misrepresentation View Law
Section 34-27-57 Acts constituting violation of article - Sell, etc., interest in plan to third person that substantially affects rights of other owners View Law
Section 34-27-58 Acts constituting violation of article - Failure to place 50 percent of cash, etc., received in escrow; failure to provide liability insurance, etc View Law
Section 34-27-59 Acts constituting violation of article - Failure to disclose total financial obligation, etc., in contract View Law
Section 34-27-60 Acts constituting violation of article - Misrepresentation; waiver of rights of purchasers; sale, etc., without license; bad checks View Law
Section 34-27-61 Hearing; refusal, suspension, or revocation of license; willful violation defined; escrow deficiency View Law
Section 34-27-62 Enforcement and implementation of article; acts constituting misdemeanors; voidability of sales of unregistered plans, etc View Law
Section 34-27-63 Filing of plan relating to units not substantially completed requires filing of additional documents View Law
Section 34-27-64 Registration fees; assessment of costs of investigating violation of article View Law
Section 34-27-65 Proceeds from sale, etc., of lease plan exempt from Transient Occupancy Tax View Law
Section 34-27-66 Examination and license requirements; issuance and renewal of license; inactive status; change of address View Law
Section 34-27-67 Registration required of every plan offered for sale View Law
Section 34-27-68 Commission may seek injunctive relief, etc., for violation of article; investigation; revocation of registration View Law
Section 34-27-69 Surety bond; suspension, etc., of license for violation of article; reinstatement; relicensure; board must be notified of initiation, etc., of legal action View Law
Chapter 790-X-4
Law NumberLaw Section Title 
Rule 790-X-4-.01 Registration Of A Timesharing Plan View Law
Rule 790-X-4-.02 Qualifying Broker Responsible For License Certificates And Verification Of Bond View Law
Rule 790-X-4-.03 Use Of Gifts, Prizes, Etc View Law
Rule 790-X-4-.04 Office And Records Inspection View Law
Rule 790-X-4-.05 Public Offering Statement Requirements View Law
Chapter 790-X-5
Law NumberLaw Section Title 
Rule 790-X-5-.01 Qualifying Broker And Developer Responsible For Accounting Of All Funds View Law
Rule 790-X-5-.02 Executive Director May Issue Cease And Desist Order View Law


About Us

Welcome to the Alabama Real Estate Commission. The Commission has a long-standing tradition dating back to January 1, 1928 of serving the public through the licensing and regulating of our licensees. With over thirty team members working in areas of accounting, investigation, communications and public relations, information technology, licensing, and education, we ensure excellence in our profession by exhibiting stewardship, service, innovation and integrity in everything we do. The governing leadership of nine commissioners helps build a broad statewide perspective on everything we do. The Commission: Empowering, Connecting and Educating the great people of Alabama in all things Real Estate.

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1201 Carmichael Way
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