Tex. Property Code § 221.101
TRANSFER OR TERMINATION OF TIMESHARE INTEREST
Texas · Texas Property Code · Status: effective
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- Citation
- Tex. Property Code § 221.101, TRANSFER OR TERMINATION OF TIMESHARE INTEREST, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/565487
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Full text
In this subchapter:
(1) "Termination" with respect to a timeshare interest:
(A) means:
(i) the release of contractual obligations relating to a timeshare interest by the developer, association, or managing entity; or
(ii) the invalidation, cancellation, nullification, or cessation of contractual obligations related to a timeshare interest by a judgment or court order; and
(B) does not include the cancellation of a purchase contract governed by Subchapter E.
(2) "Transfer" with respect to a timeshare interest means the conveyance of all or substantially all of a timeshare interest.