557A.13 Exemptions from disclosure requirements.
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/ia/chapter-557a-time-shares/557a-13·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A person shall not be required to provide disclosure documents, as required in sections 557A.11 and 557A.12, in the following cases:
1. A transfer of a time-share interval by a time-share interval owner other than a developer or a developer’s agent.
2. A disposition of units in a time-share project pursuant to a court order.
3. A disposition of units in a time-share project by a government or governmental agency.
4. A disposition of units in a time-share project by a foreclosure or deed in lieu of foreclosure.
5. A disposition to a person acquiring the time-share interval for other than personal use.
6. A disposition of a time-share interval in a time-share project situated wholly outside this state if all solicitations, negotiations, and contracts took place wholly outside this state and the contract was executed wholly outside this state.
7. A gratuitous transfer of a time-share interval.
Referred to in §557A.3