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Florida Administrative Code (Last Updated: October 28, 2024) |
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61. Department of Business and Professional Regulation |
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61B. Division of Florida Condominiums, Timeshares and Mobile Homes |
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61B-39. Filing Requirements For Public Offering Statements |
1(1) Pursuant to Section 5721.551(2), 6Florida Statutes, a developer of a multisite timeshare plan shall deliver to every purchaser of the multisite timeshare plan a multisite purchaser POS, which shall contain all of the following:
36(a) A copy of the multisite registered public offering statement text as prescribed in Section 51721.55(1)-52(6), Florida Statutes, and Rule 5761B-39.005, 58F.A.C.;
59(b) If the purchaser will receive a timeshare estate or specific timeshare license in a component site located or sold in this state, the single-site purchaser POS with content and format as required by Section 94721.07(6)(a) 95and (b), Florida Statutes, and Rule 10161B-39.004, 102F.A.C.; and
104(c) Any other exhibit that the developer has filed with the division pursuant to Section 119721.55, 120Florida Statutes, and Rule 12461B-39.005, 125F.A.C., which the developer elects to include pursuant to Section 135721.551(2)(d), 136Florida Statutes.
138(2) In addition to the purchaser POS, the developer shall deliver to the purchaser a copy of any document which the purchaser signs including a copy of the executed purchase agreement, a copy of the executed alternative media disclosure statement prescribed in subsection 18161B-39.008(1), 182F.A.C., and a copy of the executed receipt for multisite timeshare documents prepared in accordance with DBPR Form TS 6000-7, Receipt for Multisite Timeshare Documents, incorporated by reference in Rule 21261B-39.003, 213F.A.C.
214(3) Any document required to be an exhibit to the multisite purchaser POS pursuant to Section 230721.551, 231Florida Statutes, and this rule is not required to include any underlying or supporting exhibits to that document.
249(4) A developer shall deliver the multisite purchaser POS as prescribed in this rule in the same order as prescribed in Rule 27161B-39.005, 272F.A.C., but may renumber the exhibit numbers indicated on BPR Form 503, Table of Contents to Multisite Public Offering Statement, incorporated by reference in Rule 29761B-39.002, 298F.A.C., to reflect only those exhibits that are being delivered to purchasers pursuant to Section 313721.551, 314Florida Statutes.
316Specific Authority 318721.26(6), 319721.551(1) FS. 321Law Implemented 323721.551 FS. 325History–New 6-12-96, Amended 12-18-01.
