§ 35.338. Disclosure summary for time-share estates.
The disclosure summary for time-share estates shall be in the following format:
THIS IS NOT A CONTRACT
(LICENSEE) HEREBY STATES THAT WITH RESPECT TO THIS PROPERTY, (DESCRIBE PROPERTY) I AM ACTING IN THE FOLLOWING CAPACITY: (CHECK ONE)
(I) OWNER OF THE PROPERTY;
(II) A DIRECT EMPLOYEE OF THE OWNER; OR
(III) AN AGENT OF THE OWNER PURSUANT TO A PROPERTY MANAGEMENT OR EXCLUSIVE LEASING OR SELLING AGREEMENT.
I ACKNOWLEDGE THAT I HAVE RECEIVED THIS NOTICE:
I CERTIFY THAT I HAVE PROVIDED THIS NOTICE:
The provisions of this § 35.338 issued under sections 404, 606606.6 and 608608.3 of the Real Estate Licensing and Registration Act (63 P.S. § § 455.404, 455.606455.606f and 455.608455.608c).
The provisions of this § 35.338 adopted March 29, 2002, effective March 30, 2002, 32 Pa.B. 1644.
This section cited in 49 Pa. Code § 35.284 (relating to disclosures of business relationships); 49 Pa. Code § 35.286 (relating to retention and production of records); and 49 Pa. Code § 35.331 (relating to written agreements generally).
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