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MARYLAND STATUTES AND CODES

Section 14-2401 - Definitions.

§ 14-2401. Definitions.
 

(a)  In general.- In this subtitle the following words have the meanings indicated. 

(b)  Purchaser.- "Purchaser" means a person who has contracted to acquire a vacation club membership. 

(c)  Sales agent.-  

(1) "Sales agent" means a person who has contracted to sell a vacation club membership. 

(2) "Sales agent" includes the developer of a vacation club membership plan. 

(d)  Vacation accommodation.- "Vacation accommodation" means a place of lodging and related facilities over which the user does not have permanent exclusive control. 

(e)  Vacation club membership.-  

(1) "Vacation club membership" means an interest in a vacation club membership plan that entitles the purchaser to the use or occupancy of a vacation accommodation on a recurring basis, whether or not the exercise of the right to use or occupy depends on the availability of a vacation accommodation. 

(2) "Vacation club membership" includes an interest in a club that provides or arranges for the use or occupancy of campgrounds, condominiums, or other vacation accommodations. 

(3) "Vacation club membership" does not include a time-share defined under Title 11A of the Real Property Article. 

(f)  Vacation club membership plan.- "Vacation club membership plan" means a plan in which the purchaser has the right to the use or occupancy of any number of vacation accommodations on a recurring basis. 
 

[1992, ch. 212.] 
 

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