Cal. Business and Professions Code § 11254
Cal. Business and Professions Code § 11254
California · California Business and Professions Code · Status: effective · Effective 2005-01-01
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- Citation
- Cal. Business and Professions Code § 11254, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/777403
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Full text
(a) In a time-share plan in which the fee or a long-term leasehold interest in all or some of the accommodations and in appurtenant real and personal property is to be transferred to the association or to a corporate trustee under a trust agreement, the conveyance shall be made prior to the closing of the escrow for the first sale of a time-share interest in the accommodation.
(b) The developer may reserve easements in the real property conveyed for purposes reasonably related to the conduct of commercial activities in the time-share property, if the developer covenants to use the easements in a manner that will minimize any adverse impact on the use and enjoyment of the accommodation by any time-share interest owner occupying it.