Tex.
Prop. Code Section 221.103
General Disclosures Required
(1)
the name, telephone number, and physical address of the person providing services under the agreement and any affiliate, agent, or third-party representative of that person;(2)
if the person identified in Subdivision (1), or an affiliate, agent, or third-party representative of that person providing services under the agreement, is an attorney licensed to practice law in this state, a disclosure of whether the attorney will be providing services under the agreement and representing the timeshare interest owner in connection with the transfer or termination of the timeshare interest;(3)
a description, legally sufficient for identification, of the timeshare interest to be transferred or terminated;(4)
a description of the method of transfer or termination or a copy of the instrument that will be used for transferring or terminating the timeshare interest;(5)
a description of any interest the timeshare interest owner retains after the transfer;(6)
a description of the scope of a power of attorney or other delegation of authority, if any, that the timeshare interest owner is required to give to complete the transfer of the timeshare interest;(7)
an itemized statement of any amounts the timeshare owner is required to pay as consideration or reimbursement for services provided in connection with the agreement;(8)
the name of each recipient of amounts described by Subdivision (7);(9)
the estimated date for completing all services sufficient to transfer or terminate the timeshare interest; and(10)
a statement that, on completion of the transfer or termination of the timeshare interest, the person will give written notice of the transfer or termination to:(A)
the developer, association, or managing entity, as applicable; and(B)
if applicable, the exchange company for the timeshare interest.
Source:
Section 221.103 — General Disclosures Required, https://statutes.capitol.texas.gov/Docs/PR/htm/PR.221.htm#221.103 (accessed Jun. 5, 2024).
