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In this subchapter:
(1) “Termination” with respect to a timeshare interest:
(i) the release of contractual obligations relating to a timeshare interest by the developer, association, or managing entity; or
(ii) the invalidation, cancellation, nullification, or cessation of contractual obligations related to a timeshare interest by a judgment or court order; and
(B) does not include the cancellation of a purchase contract governed by Subchapter E.
(2) “Transfer” with respect to a timeshare interest means the conveyance of all or substantially all of a timeshare interest.
Cite this article: FindLaw.com - Texas Property Code - PROP § 221.101. Transfer or Termination of Timeshare Interest - last updated April 14, 2021 | https://codes.findlaw.com/tx/property-code/prop-sect-221-101.html
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