Texas Administrative Code
Title 22 - EXAMINING BOARDS
Part 23 - TEXAS REAL ESTATE COMMISSION
Chapter 543 - RULES RELATING TO THE PROVISIONS OF THE TEXAS TIMESHARE ACT
Section 543.13 - Renewal of Registration
Current through Reg. 49, No. 38; September 20, 2024
(a) The registration of a timeshare plan expires on the last day of the month two years after the date the plan was registered.
(b) A developer of a timeshare plan may renew the registration for a two-year period by completing an Application to Renew the Registration of a Timeshare Plan, Form TSR 8-2, and paying the appropriate filing fee.
(c) Three months before the expiration of a registration, the Commission shall mail a renewal application form to the developer's last known mailing address as shown in the Commission's records.
(d) An application to renew a timeshare plan is considered void and is subject to no further evaluation or processing when the developer fails to provide information or documentation within two months after the Commission makes written request for correct or additional information or documentation.
(e) Denial of Renewal. The Commission may deny an application for renewal of a registration if the developer of a timeshare plan is in violation of the terms of a Commission order.