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Multisite Timeshare Plan Filing Statement Form. This is a Florida form and can be use in Department Of Business And Professional Regulation Statewide.
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Tags: Multisite Timeshare Plan Filing Statement, BPT 517, Florida Statewide, Department Of Business And Professional Regulation
DEPARTMENT OF BUSINESS & PROFESSIONAL REGULATION
MULTISITE TIMESHARE PLAN FILING STATEMENT
This filing statement must accompany each multisite timeshare filing, and must be completed in its
entirety. Questions which do not apply must be denoted as "Not Applicable" (N/A).
The Division may request that a schematic-type flow chart which discloses the configuration for the
multisite timeshare plan, and which further discloses the relationship between the various entities
and component-sites affiliated with the plan, accompany this filing statement.
A filing fee of $2 per seven days of annual use availability which may be offered as part of the
multisite timeshare plan must accompany this statement. If the number of days of annual use
availability that may be offered is not evenly divisible by seven, the filing fee shall be prorated by
dividing the total number of such days of annual use availability by seven and multiplying the result
by the amount of the current fee.
If the proposed offering includes units within a phase timeshare plan, only those filing fees which
relate to the phase or phases being filed with this statement need accompany this statement.
A component site timeshare filing statement (BPR Form 512) must be completed for each
component site submitted as part of this multisite filing. Each BPR Form 512 included must be
numbered as an exhibit to this multisite timeshare filing statement.
The developer understands that:
(a) No closing may take place until:
(i) Developer receives an approval letter from the Division;
(ii) The timeshare plan is complete as defined in Section 721.05(6), F.S.;
(iii) The expiration of the purchaser's ten-day (10) cancellation period.
(b) Pursuant to section 721.056, F.S., it is the duty of the developer to supervise, manage
and control all aspects of the offering of the timeshare plan.
FOR DIVISION USE ONLY
Developer#
Fee Rec'd By
BPR 517
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(1) Name of Multisite Timeshare Plan:
Street Address:
City:
County:
State:
Zip:
Telephone ______________________________________
(2) 7-Day Annual Use Availability Periods/Plan Duration:
Total Out-of-State :________ Added By This Filing:________
Total In-State: ________ Added By This Filing:________
Term of Plan:________Years Plan Terminates: __/__/__
(3) Type of Multisite-Related Timeshare Interest Conveyed:
Timeshare Estate
____
Specific Interest
____
Timeshare License
____
Non-Specific
____
Mixed Estates & Licenses ____
(4) Name of Multisite Developer:
Street Address: __________________________________
City:
________
State:
Zip: _________
Telephone _______________________
(5) Accommodation/Facility Assurance Type (excluding reservation system):
(a) Non-Disturbance & Notice To Creditors Instrument
____
(b) Subordination & Notice To Creditors Instrument
____
(c) Irrevocable Trust or Non-Profit Corporation
____
(d) Alternative Assurance
____
(e) Not Applicable
____
(6) Developer's Attorney/Agent*:
Street Address: _________________________________
City:
State:
Zip: ________
Telephone: ______________________
* If the developer does not specify in writing below whom he wishes to receive subsequent
correspondence concerning this filing, all correspondence, including deficiency letters will be
directed to the person listed in item (6) above.
(7) Name of Vacation Club Managing Entity**:
Street Address: _________________________________
City:
_
State:
Zip: _______
Telephone _________________________
**The vacation club managing entity listed here will be held responsible for compliance with
Section 721.13, F.S., pursuant to Section 721.56(4), F.S, as to the vacation club. It will also be
held responsible for such compliance as to each component site offered as part of the plan for
which no different component site managing entity is listed on BPR Form 512.
BPR 517
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8) Name of Multisite Sales Escrow Agent:
Street Address: ___________________________
City:
State:
Zip:_____________
Telephone ______________________________
Escrow Depository Name: ____________________________
Street Address:_____________________________________
City:
State:
Zip:____________
Account Number:________________________
(9) Reservation System Information:
(a) Name of Owner(s)/Lessor(s) (indicate interest held):
Address: ______________________________________
City:
State:
Zip: _______
Telephone:______________________
(b) Reservation System Operator Name:
Address: _____________________________________
City:
State:
Zip: _______
Telephone:______________________
(10) Exchange Company Information:
Is this timeshare plan participating in or affiliated with an exchange program?
Yes____
No____
IF YES, what is the name and address of the exchange company?
Name: __________________________________________
Street Address: _____________________________________
City:
State:
Zip: ________
Telephone:_________________________
TIMESHARE PLAN FILING CHECKLIST
EXEC
DRAFT
COPY
INSTR
ENCL
ENCL
N/A
__________________________________________________________________________
Public Offering Statement Text
__________________________________________________________________________
Timeshare Instrument
___________________________________________________________________________
Reservation System Rules and Regulations
_________________________________________________________________________
Multisite Timeshare Plan Budget
__________________________________________________________________________
Component Site Rules and Regulations
__________________________________________________________________________
Component Site Affiliation Agreements
BPR 517
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_________________________________________________________________________
Sales Escrow Agreement
___________________________________________________________________________
Common Expense Escrow Agreement
___________________________________________________________________________
Purchase Agreement
__________________________________________________________________________
Receipt for Timeshare Documents and Description of Exhibits Not Delivered
___________________________________________________________________________
Component Site Managing Entity Affidavits
___________________________________________________________________________
Subordination Instrument(s)
___________________________________________________________________________
Historical Occupancy Levels
___________________________________________________________________________
Other Exhibits
___________________________________________________________________________
Component Site Documents
[Separate Listings for Each Set of Component Site Documents by Site Name]
___________________________________________________________________________
Configuration Schematic
For Timeshare Plan:
_________________________________________________________________________
Have you provided all the information requested? Yes ____ No ____
Is the information contained herein true and correct? Yes ____ No ____
BY: ________________________________ DATE: ____________________
TITLE:________________________________
BPR 517
Rev 5/99
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