Texas Property Code
§ 221.011 — DECLARATION
PR § 221.011Title 12. MISCELLANEOUS SHARED REAL PROPERTY INTERESTS · Ch. 221. TEXAS TIMESHARE ACT · Art. B. CREATION OF TIMESHARE REGIME
Statute text
View on source(a)The developer of a timeshare plan any part of which is located in this state must record the timeshare instrument in this state. When a person expressly declares an intent to subject the property to a timeshare plan through the recordation of a timeshare instrument that sets forth the information provided in Subsection (b), that property shall be established thenceforth as a timeshare plan.
(b)The declaration made in a timeshare instrument recorded under this section must include:
(1)a legal description of the timeshare property, including a ground plan indicating the location of each existing or proposed building included in the timeshare plan;
(2)a description of each existing or proposed accommodation, including the location and square footage of each unit and an interior floor plan of each existing or proposed building;
(3)a description of any amenities furnished or to be furnished to the purchaser;
(4)a statement of the fractional or percentage part that each timeshare interest bears to the entire timeshare plan;
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Legislative history
Acts 2005, 79th Leg., Ch. 539 (H.B. 1045), Sec. 3, eff. January 15, 2006. Acts 2013, 83rd Leg., R.S., Ch. 1352 (S.B. 1372), Sec. 6, eff. September 1, 2013.