§ 14-2401. Definitions  


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  •    (a) In general. -- In this subtitle the following words have the meanings indicated.

    (b) Purchaser. -- "Purchaser" means a person who has contracted to acquire a vacation club membership.

    (c) Sales agent. --

       (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. -- "Vacation accommodation" means a place of lodging and related facilities over which the user does not have permanent exclusive control.

    (e) Vacation club membership. --

       (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. -- "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.


HISTORY: 1992, ch. 212.