Arizona Revised Statutes (Last Updated: March 31, 2016) |
Title 32. Professions and Occupations |
Chapter 20. REAL ESTATE |
Article 9. Real Estate Timeshares |
Sec 32-2197.07. Examination of plan by commissioner; fees
-
A. The commissioner shall examine any timeshare plan offered for sale or lease in this state or located in this state and shall make public his findings.
B. The commissioner may physically inspect any timeshare plan offered for sale or lease in this state or located in this state.
C. An initial filing fee of twenty dollars per interest with a maximum fee of not more than one thousand dollars shall accompany the notice of intention filed pursuant to section 32-2197.02. A filing fee as established by rule shall accompany the application to amend the timeshare public report required in section 32-2197.04.
D. The developer of the timeshare plan shall bear the total cost of travel and subsistence expenses incurred by the department in the examination, in addition to the initial filing fee provided for in this section, on the basis of actual cost to the department.