(1) Any of the following committed by a developer or other person or entity is a violation of this chapter:(1) Failing to provide a copy of the required timeshare disclosure statement to the purchaser prior to the time the contract is signed by the purchaser;(2) Failing to provide a copy of the executed purchase contract to the purchaser;(3) Failing to escrow or return the deposit to a purchaser pursuant to section 1104 of this chapter;(4) Failing to maintain a one-to-one owner to accommodation ratio for a timeshare plan during a consecutive twelve-month period, as determined under section 1109 of this chapter;(5) Failing to maintain the records required pursuant to section 1115 of this chapter;(6) Making any of statements or representations that are prohibited pursuant to section 1117 of this chapter; or(7) Intentionally participating in a plan or scheme to transfer a resale timeshare interest to a transferee that the transferor knows or reasonably should have known does not have the ability, means or intent to pay all timeshare expenses and taxes associated with the resale timeshare interest.
(1) Failing to provide a copy of the required timeshare disclosure statement to the purchaser prior to the time the contract is signed by the purchaser;
(2) Failing to provide a copy of the executed purchase contract to the purchaser;
(3) Failing to escrow or return the deposit to a purchaser pursuant to section 1104 of this chapter;
(4) Failing to maintain a one-to-one owner to accommodation ratio for a timeshare plan during a consecutive twelve-month period, as determined under section 1109 of this chapter;
(5) Failing to maintain the records required pursuant to section 1115 of this chapter;
(6) Making any of statements or representations that are prohibited pursuant to section 1117 of this chapter; or
(7) Intentionally participating in a plan or scheme to transfer a resale timeshare interest to a transferee that the transferor knows or reasonably should have known does not have the ability, means or intent to pay all timeshare expenses and taxes associated with the resale timeshare interest.