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Section 14-2401 - Definitions — Maryland Law | CourtGPT
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  7. Section 14-2401 - Definitions
Maryland Legal Code

Section 14-2401 - Definitions

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(a) In this subtitle the following words have the meanings indicated. (b) 'Purchaser' means a person who has contracted to acquire a vacation club membership. (c) (1) 'Sales agent' means a person who has contracted to sell a vacation club membership. (2) 'Sales agent' includes the developer of a vacation club membership plan. (d) 'Vacation accommodation' means a place of lodging and related facilities over which the user does not have permanent exclusive control. (e) (1) 'Vacation club membership' means an interest in a vacation club membership plan that entitles the purchaser to the use or occupancy of a vacation accommodation on a recurring basis, whether or not the exercise of the right to use or occupy depends on the availability of a vacation accommodation. (2) 'Vacation club membership' includes an interest in a club that provides or arranges for the use or occupancy of campgrounds, condominiums, or other vacation accommodations. (3) 'Vacation club membership' does not include a time-share defined under Title 11A of the Real Property Article. (f) 'Vacation club membership plan' means a plan in which the purchaser has the right to the use or occupancy of any number of

clude a time-share defined under Title 11A of the Real Property Article. (f) 'Vacation club membership plan' means a plan in which the purchaser has the right to the use or occupancy of any number of vacation accommodations on a recurring basis.