21 NCAC 58B .0103. RENEWAL OF TIME SHARE PROJECT REGISTRATION

(a)  Every developer desiring the renewal of a time share project registration shall apply for the same in writing upon a form provided by the Commission during the month of June.  Every such renewal application shall be accompanied by a certified check made payable to the North Carolina Real Estate Commission in the amount of       eight hundred dollars ($800.00).  To renew the time share project registration, the properly completed renewal application accompanied by the prescribed fee must be received at the Commission's office prior to the expiration of the certificate of registration.

(b)  Applications for the renewal of a time share project registration shall be signed by the developer, by two executive officers of the developer, or by the developer's attorney at law and shall certify that the information contained in the registration filed with the Commission is accurate and current on the date of the renewal application. Making a false certification on a time share project registration renewal application shall be grounds for disciplinary action by the Commission.

 

History Note:        Authority G.S. 93A‑51; 93A‑52(d);

Eff. March 1, 1984;

Temporary Amendment Eff. May 23, 1985;

Amended Eff. April 1, 2013; February 1, 1989; September 1, 1985.