Mississippi Administrative Code
Title 30 - Professions and Occupations
Part 1601 - Mississippi Real Estate Commission
Chapter 8 - Time Shares
Rule 30-1601-8.14 - Owner Referrals
Universal Citation: MS Code of Rules 30-1601-8.14
Current through September 24, 2024
A. Referrals of prospective customers to the developer by any existing timeshare owner shall be permitted, without the owner holding a real estate license and compensation may be paid to the referring owner, only under the following circumstances:
(1) The existing timeshare owner refers no
more than twenty (20) prospective customers in any twelve (12) month period;
and
(2) The existing timeshare
owner limits his or her activities to referring customers to the developer or
the developer's employees or agents and does not show, discuss terms or
conditions of purchase or otherwise participate in any negotiations with the
purchase of a timeshare interest.
Miss. Code Ann. §§ 73-35-35
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