TITLE 37. PROFESSIONS AND OCCUPATIONS

CHAPTER 53. TIMESHARE SALES

Part 3. Licensure of Brokers and Salespersons

Good Faith Requirement -- Prohibited Provisions

37-53-306. Good faith requirement -- prohibited provisions. (1) The parties to a timeshare agreement shall deal with each other in good faith.

(2) A developer may not require a purchaser to agree to a release, assignment, novation, waiver, or any other provision that relieves a person from a duty imposed by this chapter.

(3) Any provision in a timeshare instrument that designates jurisdiction or venue in a forum outside this state or the state or other jurisdiction where the project is located is void with respect to any cause of action that is enforceable in this state.

History: En. Sec. 17, Ch. 444, L. 1987.