{"data":{"id":"us-tx/tex.-property-code-221.103","jurisdiction":"us-tx","citation":"Tex. Property Code § 221.103","heading":"GENERAL DISCLOSURES REQUIRED.","body":"A person subject to this subchapter who enters into an agreement with a timeshare interest owner to facilitate the transfer or termination of a timeshare interest shall provide to the timeshare interest owner, before the third day before the date the timeshare interest owner enters into the agreement the following written disclosures, as applicable:\n(1) the name, telephone number, and physical address of the person providing services under the agreement and any affiliate, agent, or third-party representative of that person;\n(2) if the person identified in Subdivision (1), or an affiliate, agent, or third-party representative of that person providing services under the agreement, is an attorney licensed to practice law in this state, a disclosure of whether the attorney will be providing services under the agreement and representing the timeshare interest owner in connection with the transfer or termination of the timeshare interest;\n(3) a description, legally sufficient for identification, of the timeshare interest to be transferred or terminated;\n(4) a description of the method of transfer or termination or a copy of the instrument that will be used for transferring or terminating the timeshare interest;\n(5) a description of any interest the timeshare interest owner retains after the transfer;\n(6) a description of the scope of a power of attorney or other delegation of authority, if any, that the timeshare interest owner is required to give to complete the transfer of the timeshare interest;\n(7) an itemized statement of any amounts the timeshare owner is required to pay as consideration or reimbursement for services provided in connection with the agreement;\n(8) the name of each recipient of amounts described by Subdivision (7);\n(9) the estimated date for completing all services sufficient to transfer or terminate the timeshare interest; and\n(10) a statement that, on completion of the transfer or termination of the timeshare interest, the person will give written notice of the transfer or termination to:\n(A) the developer, association, or managing entity, as applicable; and\n(B) if applicable, the exchange company for the timeshare interest.\nAdded by Acts 2015, 84th Leg., R.S., Ch. 554 (H.B. 2261), Sec. 2, eff. September 1, 2015.","path":["PROPERTY CODE","TITLE 12. MISCELLANEOUS SHARED REAL PROPERTY INTERESTS","CHAPTER 221. TEXAS TIMESHARE ACT","SUBCHAPTER J. SERVICE AGREEMENTS TO TRANSFER OR TERMINATE A TIMESHARE INTEREST"],"source_url":"https://statutes.capitol.texas.gov/Docs/PR/htm/PR.221.htm#221.103","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:37Z","sha256":"be023900c3116294ede429e909eea9754766e25c686dcfa9b043989e93be385b","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-property-code-221.102","next":"us-tx/tex.-property-code-221.104"},"notice":"GroundRules: Original legal text. Not legal advice."}