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The Florida Statutes

The 2010 Florida Statutes(including Special Session A)

Title XL
REAL AND PERSONAL PROPERTY
Chapter 721
VACATION AND TIMESHARE PLANS
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F.S. 721.27
721.27 Annual fee for each timeshare unit in plan.On January 1 of each year, each managing entity of a timeshare plan located in this state shall collect as a common expense and pay to the division an annual fee of $2 for each 7 days of annual use availability that exist within the timeshare plan at that time, subject to any limitations on the amount of such annual fee pursuant to s. 721.58. If any portion of the annual fee is not paid by March 1, the managing entity may be assessed a penalty pursuant to s. 721.26.
History.s. 1, ch. 81-172; s. 23, ch. 83-264; s. 10, ch. 91-236; s. 11, ch. 93-58; s. 17, ch. 95-274; s. 32, ch. 2000-302.

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