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Code · Maryland · Commercial Law

§ 14-2401

200 words·~1 min read·/md/commercial-law/14-2401·

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§14–2401.
(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.
(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.
(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.
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