[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-seo-279159-105":3,"detail-sidebar-cat-1-en-105":81,"doc-detail-279159-en":127},{"code":4,"msg":5,"data":6},0,"ok",{"site_id":7,"language":8,"slug":9,"title":10,"keywords":11,"description":12,"schema_data":13,"social_meta":74,"head_meta":76,"extra_data":78,"updated_unix":80},105,"en","subchapter-58b-timeshares-timshare-program-registration","SUBCHAPTER 58B - TIMESHARES - Timshare Program Registration","","Defines the application, required disclosures, and processes for registering timeshare programs under 21 NCAC 58B. Specifies submission forms, addresses, developer identity and legal counsel details, property title-right documentation, project and developer history, audited finances, loan commitments, and executed affidavits by designated individuals. Establishes a tiered registration fee structure, renewal application requirements and fees, and grounds for disciplinary action for false certifications. Also outlines amendment obligations for material changes to registered information.",{"@graph":14,"@context":73},[15,34,56],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/template/","Template",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/template/forms/","Forms",3,{"item":32,"name":10,"@type":21,"position":33},"https://docshare.wps.com/template/subchapter-58b-timeshares-timshare-program-registration/279159/",4,{"url":32,"name":10,"@type":35,"image":36,"author":41,"headline":10,"publisher":44,"fileFormat":47,"inLanguage":8,"description":12,"dateModified":48,"datePublished":49,"encodingFormat":47,"isAccessibleForFree":50,"interactionStatistic":51},"DigitalDocument",{"url":37,"@type":38,"width":39,"height":40},"https://docshare.wps.com/thumbnails/subchapter-58b-timeshares-timshare-program-registration/279159.png","ImageObject",442,249,{"name":42,"@type":43},"Jasmine","Person",{"url":19,"name":45,"@type":46},"DocShare","Organization","application/pdf","2026-11-01","2026-09-15",true,{"@type":52,"interactionType":53,"userInteractionCount":55},"InteractionCounter",{"@type":54},"ViewAction",8,{"@type":57,"mainEntity":58},"FAQPage",[59,65,69],{"name":60,"@type":61,"acceptedAnswer":62},"What must a timeshare program include when applying for registration under .0101?","Question",{"text":63,"@type":64},"The application must provide program addresses and contact details, developer identity and business structure with supporting documents, documentation of the developer’s right to use the property, a description of the timeshare estate, developer experience and compliance history, financial information including audited statements and budgets, and required broker and affidavit materials.","Answer",{"name":66,"@type":61,"acceptedAnswer":67},"How is the timeshare program registration fee determined under .0102?",{"text":68,"@type":64},"Fees are based on the number of units: $1,000 for 16 or more units, $700 for 15 or fewer, and $450 for programs offering to resell 51 or more units through a homeowner association that obtained the units through unpaid assessments.",{"name":70,"@type":61,"acceptedAnswer":71},"What are the renewal requirements and penalties for false certifications under .0103?",{"text":72,"@type":64},"Renewal requires submitting a renewal application with program and developer details, broker information, exchange disclosure materials, entity assignment information, an accuracy certification, and signatures. Making a false certification in the renewal application is grounds for disciplinary action by the Commission.","https://schema.org",{"og:url":32,"og:type":75,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":77,"canonical":32},"index,follow",{"doc_id":79,"site_id":7},279159,1790324990,{"code":4,"msg":82,"data":83},"success",[84,89,94,99,104,109,113,118,123],{"id":85,"doc_module":22,"doc_module_name":25,"category_name":86,"show_sort_weight":87,"slug":88},11,"Presentations",90,"presentations",{"id":90,"doc_module":22,"doc_module_name":25,"category_name":91,"show_sort_weight":92,"slug":93},12,"Resumes",80,"resumes",{"id":95,"doc_module":22,"doc_module_name":25,"category_name":96,"show_sort_weight":97,"slug":98},14,"Invoices",70,"invoices",{"id":100,"doc_module":22,"doc_module_name":25,"category_name":101,"show_sort_weight":102,"slug":103},15,"Posters",60,"posters",{"id":105,"doc_module":22,"doc_module_name":25,"category_name":106,"show_sort_weight":107,"slug":108},16,"Social Media",50,"social-media",{"id":110,"doc_module":22,"doc_module_name":25,"category_name":29,"show_sort_weight":111,"slug":112},17,40,"forms",{"id":114,"doc_module":22,"doc_module_name":25,"category_name":115,"show_sort_weight":116,"slug":117},18,"Letters",30,"letters",{"id":119,"doc_module":22,"doc_module_name":25,"category_name":120,"show_sort_weight":121,"slug":122},21,"Paper Templates",5,"papers-templates",{"id":124,"doc_module":22,"doc_module_name":25,"category_name":125,"show_sort_weight":4,"slug":126},158,"General","general-158",{"code":4,"msg":82,"data":128},{"doc_id":79,"user_id":129,"nickname":42,"user_avatar":130,"doc_module":22,"category_id":110,"category_name":29,"doc_title":10,"doc_description":12,"doc_content":131,"file_id":132,"file_url":133,"file_type":134,"file_size":135,"view_count":55,"is_deleted":4,"is_public":22,"is_downloadable":22,"audit_status":22,"page_count":136,"language":137,"language_code":8,"site_id":7,"html_lang":8,"table_of_contents":138,"faqs":139,"seo_title":140,"seo_description":12,"update_tm":141,"read_time":26},2336478487870,"https://ap-avatar.wpscdn.com/davatar_085a072bc5b1113ac321206ff7593b45","SUBCHAPTER 58B – TIMESHARES  \nSECTION .0100 – TIMESHARE PROGRAM REGISTRATION  \n21 NCAC 58B .0101 APPLICATION FOR REGISTRATION  \n(a) A timeshare program seeking registration shall apply to the Commission on a form available on the Commission's website and shall, in addition to the requirements set forth in G.S. 93A-52, set forth:  \n(1) the timeshare program's physical and mailing address and telephone number;  \n(2) the developer's name, address, telephone number, email address, type of business structure with supporting documentation, and legal counsel's contact information, if any;  \n(3) information concerning the developer's title or right to use the real property on which the project is located, including a title opinion provided by an independent attorney performed within 30 days preceding the date of application;  \n(4) a description of the timeshare estate to be sold or conveyed to purchasers;  \n(5) the developer's past real estate development experience and any criminal, bankruptcy, and occupational licensing history;  \n(6) the developer's financial information including the following:  \n(A) an audited financial statement within the previous six months;  \n(B) loan commitments for completion of the timeshare program; and  \n(C) a projected budget for construction, marketing, and operations of the timeshare program;  \n(7) the Registrar, Program Broker, marketing entity, and managing entity's:  \n(A) name;  \n(B) business and email address;  \n(C) real estate license number, if applicable;  \n(D) telephone number; and  \n(E) executed Affidavit of Designation, if applicable, that includes:  \n(i) the timeshare program name, registration number, and address;  \n(ii) the name of the designated individual and license number, if applicable, or financial institute;  \n(iii) the designated individual's address, email address, and telephone number; and  \n(iv) a notarized signature of the designated individual.  \n(8) the names and real estate license number of brokers associated with the timeshare program; and  \n(9) a signed affidavit by the developer.  \n(b) An entity that owns time shares at a timeshare program where there are one or more existing registered developers may also apply to the Commission for registration of its timeshares, provided that the entity does not control a registered developer, is not controlled by a registered developer, and is not in common control of the program with a registered developer.  \nHistory Note: Authority G.S. 93A-51; 93A-52;  \nEff. March 1, 1984;  \nAmended Eff. July 1, 2000; August 2, 1993; February 1, 1989; April 1, 1987;  \nPursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. May 1, 2018;  \nAmended Eff. July 1, 2022.  \n21 NCAC 58B .0102 REGISTRATION FEE  \nThe timeshare program registration fee pursuant to Rule .0101 of this Subchapter shall be:  \n(1) one thousand dollars ($1,000) for programs with 16 or more units;  \n(2) seven hundred dollars ($700.00) for programs with 15 or fewer units; and  \n(3) four hundred fifty dollars ($450.00) for programs offering to resell 51 or more units through a homeowner association which has acquired the units in satisfaction of unpaid assessments by prior owners.  \nHistory Note: Authority G.S. 93A-51; 93A-52;  \nEff. March 1, 1984;  \nAmended Eff. July 1, 2016; April 1, 2013; July 1, 2000;  \nPursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. May 1, 2018;  \nAmended Eff. July 1, 2022.  \n21 NCAC 58B .0103 RENEWAL OF TIMESHARE PROGRAM REGISTRATION  \n(a) A developer seeking renewal of a timeshare program registration shall submit a renewal application on a form available on the Commission's website that sets forth the:  \n(1) timeshare program's name, registration number, and mailing address;  \n(2) developer's name, telephone number, and email address;  \n(3) names and license numbers of brokers associated with the timeshare program;  \n(4) exchange programs associated with the timeshare program along with a","cbCaio1nKcNHYsbD","https://ap.wps.com/l/cbCaio1nKcNHYsbD","pdf",133994,6,"English","# SUBCHAPTER 58B – TIMESHARES\n## SECTION .0100 – TIMESHARE PROGRAM REGISTRATION\n## 21 NCAC 58B .0101 APPLICATION FOR REGISTRATION\n## 21 NCAC 58B .0102 REGISTRATION FEE\n## 21 NCAC 58B .0103 RENEWAL OF TIMESHARE PROGRAM REGISTRATION\n## 21 NCAC 58B .0104 AMENDMENTS TO TIMESHARE PROGRAM REGISTRATION","[{\"question\":\"What must a timeshare program include when applying for registration under .0101?\",\"answer\":\"The application must provide program addresses and contact details, developer identity and business structure with supporting documents, documentation of the developer’s right to use the property, a description of the timeshare estate, developer experience and compliance history, financial information including audited statements and budgets, and required broker and affidavit materials.\"},{\"question\":\"How is the timeshare program registration fee determined under .0102?\",\"answer\":\"Fees are based on the number of units: $1,000 for 16 or more units, $700 for 15 or fewer, and $450 for programs offering to resell 51 or more units through a homeowner association that obtained the units through unpaid assessments.\"},{\"question\":\"What are the renewal requirements and penalties for false certifications under .0103?\",\"answer\":\"Renewal requires submitting a renewal application with program and developer details, broker information, exchange disclosure materials, entity assignment information, an accuracy certification, and signatures. Making a false certification in the renewal application is grounds for disciplinary action by the Commission.\"}]","SUBCHAPTER 58B - TIMESHARES - Timshare Program Registration | PDF",1789516128]