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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) In this subtitle the following words have the meanings indicated.
(b) “Purchaser” means a person who has contracted to acquire a vacation club membership.
(c)(1) “Sales agent” means a person who has contracted to sell a vacation club membership.
(2) “Sales agent” includes the developer of a vacation club membership plan.
(d) “Vacation accommodation” means a place of lodging and related facilities over which the user does not have permanent exclusive control.
(e)(1) “Vacation club membership” means an interest in a vacation club membership plan that entitles the purchaser to the use or occupancy of a vacation accommodation on a recurring basis, whether or not the exercise of the right to use or occupy depends on the availability of a vacation accommodation.
(2) “Vacation club membership” includes an interest in a club that provides or arranges for the use or occupancy of campgrounds, condominiums, or other vacation accommodations.
(3) “Vacation club membership” does not include a time-share defined under Title 11A of the Real Property Article.
(f) “Vacation club membership plan” means a plan in which the purchaser has the right to the use or occupancy of any number of vacation accommodations on a recurring basis.
Cite this article: FindLaw.com - Maryland Code, Commercial Law § 14-2401 - last updated January 01, 2025 | https://codes.findlaw.com/md/commercial-law/md-code-coml-sect-14-2401/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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