GroundRules
← Search the law
us-gu · Through P.L. 38-133 (June 4, 2026)

21 GCA § 47204: Developer Control.

Read at publisher ↗
Where this section sits in the code
  1. Title 21: Real Property
  2. Division 1 - Ownership of Real or Immovable Property
  3. Chapter 47: Time-Share Ownership
  4. ARTICLE 2: CREATION, TERMINATION AND MANAGEMENT

(a) The time-share instruments for a time-share estate program may provide for a period of time, hereafter referred to as developer control period, during which the developer or a managing agent selected by the developer may manage the time-share program and the units in the time-share program.

(b) If the time-share instruments for a time-share estate program provide for the establishment of a developer control period, they shall include provisions for:

(1) termination of the developer control period by action of the association;

(2) termination of contracts for goods and services for the time-share program or for units in the time-share program entered into during the developer control period; and

(3) a regular accounting by the developer to the association as to all matters that significantly affect the interests of owners in the time-share program.

Collected 2026-09-27T04:12:18Z. Source file · JSON

Browse this collection