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Massachusetts General Laws Chapter 183B — REAL ESTATE TIME–SHARES

Massachusetts · statute · Mass. Gen. Laws ch. 183B · 60 active provisions

60 active provisions.

Mass. Gen. Laws ch. 183B, § 3

Estates in fee simple; estates for years; separate estates; taxes and assessments; recording documents

Section 3. (a) Except as otherwise provided in this chapter and notwithstanding any contrary rule of common law, a grant of an estate in a unit conferring the right of possession during a potentially infinite number of separated time periods creates an estate in fee simple having the character and incidents of such an…

MassachusettsREAL ESTATE TIME–SHARESeffective
Mass. Gen. Laws ch. 183B, § 12

Instruments for creation of more than twelve time-shares in single property; recording; contents

Section 12. (a) Except as provided in subsection (b), more than twelve time-shares may be created in a single time-share property only by a time-share instrument recorded in the registry of deeds or land registration office for the district in which the time-share unit is situated. Said instrument shall contain or prov…

MassachusettsREAL ESTATE TIME–SHARESeffective
Mass. Gen. Laws ch. 183B, § 25

Liability of owners; actions involving owners, developers, or associations; tolling of limitations; judgments against associations

Section 25. (a) A time-share owner shall be personally liable for his acts and omissions and those of his employees and agents other than the managing entity. (b) An action shall not be maintained against a time-share owner, nor shall a time-share owner be precluded from maintaining an action, solely because he owns a…

MassachusettsREAL ESTATE TIME–SHARESeffective