Fractional Regulations Guide

Sirkin’s Fractional Ownership Regulation Guide is an indispensible resource for fractional and timeshare attorneys, developers, Realtors, sellers and buyers. For the first time, the complete text of all the laws, regulations and requirements (including filing requirements) for fractional and timeshare real estate sales and projects for all 50 states have been collected in a single, searchable disk.

Sirkin’s Fractional Ownership Regulation Guide was prepared by Andy Sirkin, an attorney who has devoted his 23 year law practice to fractional and co-ownership, and has completed documents for over 5,000 projects throughout the United States as well as in France, Italy, Mexico, Costa Rica, Belize, Nicaragua, Panama, Argentina and the Dominican Republic. Drawing on this extensive experience, Sirkin’s Fractional Ownership Regulation Guide also features “Sirkin’s Fractional Regulation Summary” for each state, collecting the most critical aspects of each state’s law in 5-7 plain-English bullet points, designed to enable anyone to feel like an expert in five minutes. Sirkin’s Fractional Regulation Summary quickly provides answers to the following key questions:

• Is there a threshold number of fractional intervals or owners below which the state’s fractional and timeshare regulations or registration requirements do not apply?

• Does the state’s fractional and timeshare regulatory scheme distinguish between “fractionals” and “timeshares” and, if so, what is the difference?

• Can all or some of the state’s fractional and timeshare regulations or registration requirements be circumvented through non-deeded ownership legal structures such as special purpose entities?

• Are certain fractional and timeshare projects exempt from the state’s regulations or registration requirements because the seller is not a “developer” or the project is not “commercial”?

• Does the state’s fractional and timeshare regulatory scheme distinguish between projects involving recorded documents and projects involving unrecorded documents?

• Do the state’s fractional and timeshare regulations apply only to projects located in the state, or also to projects marketed and/or sold in the state?

Sirkin’s Fractional Ownership Regulation Guide is the product of thousands of hours of research into the written law, plus direct contact with the primary fractional and timeshare regulatory agency in each state to get the latest “insider” information as well as any unwritten agency policy. The Guide also includes the name, address and telephone number of the regulatory agency in each state for easy follow-up. The cost of attorney fees for duplicating this research for even one state would be significantly greater than the cost of the Guide.

SIRKIN’S FRACTIONAL OWNERSHIP REGULATION GUIDE IS NOW AVAILABLE FOR A COST OF $299 PER COPY. DISCOUNTS ARE ALSO AVAILABLE FOR BULK ORDERS. TO ORDER, CALL LAURAJANE JOHNSON AT 415-738-8545, OR EMAIL LAURA_JOHNSON@TICLAWYERS.COM.

Sirkin’s Fractional Ownership Regulation Guide contents by state:

Alabama: Fractional and timeshare laws, regulations and requirements plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

Alaska: Fractional and timeshare laws, regulations and requirements plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

Arizona: Fractional and timeshare laws, regulations plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

Arkansas: Fractional and timeshare laws, regulations and requirements plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

California: Fractional and timeshare laws, regulations and requirements plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

Colorado: Fractional and timeshare laws, regulations and requirements plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

Connecticut: Fractional and timeshare laws, regulations and requirements plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

Delaware: Fractional and timeshare laws, regulations and requirements plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

Florida: Fractional and timeshare laws, regulations and requirements plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

Georgia: Fractional and timeshare laws, regulations and requirements plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

Hawaii: Fractional and timeshare laws, regulations and requirements plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

Idaho: Fractional and timeshare laws, regulations and requirements plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

Illinois: Fractional and timeshare laws, regulations and requirements plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

Indiana: Fractional and timeshare laws, regulations and requirements plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

 Iowa: Fractional and timeshare laws, regulations and requirements plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

 Kansas: Fractional and timeshare laws, regulations and requirements plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

 Kentucky: Fractional and timeshare laws, regulations and requirements plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

 Louisiana: Fractional and timeshare laws, regulations and requirements plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

 Maine: Fractional and timeshare laws, regulations and requirements plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

 Maryland: Fractional and timeshare laws, regulations and requirements plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

 Massachusetts: Fractional and timeshare laws, regulations and requirements plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

 Michigan: Fractional and timeshare laws, regulations and requirements plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

 Minnesota: Fractional and timeshare laws, regulations and requirements plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

 Mississippi: Fractional and timeshare laws, regulations and requirements plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

 Missouri: Fractional and timeshare laws, regulations and requirements plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

 Montana: Fractional and timeshare laws, regulations and requirements plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

 Nebraska: Fractional and timeshare laws, regulations and requirements plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

 Nevada: Fractional and timeshare laws, regulations and requirements plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

 New Hampshire: Fractional and timeshare laws, regulations and requirements plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

 New Jersey: Fractional and timeshare laws, regulations and requirements plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

 New Mexico: Fractional and timeshare laws, regulations and requirements plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

 New York: Fractional and timeshare laws, regulations and requirements plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

 North Carolina: Fractional and timeshare laws, regulations and requirements plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

 North Dakota: Fractional and timeshare laws, regulations and requirements plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

 Ohio: Fractional and timeshare laws, regulations and requirements plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

 Oklahoma: Fractional and timeshare laws, regulations and requirements plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

 Oregon: Fractional and timeshare laws, regulations and requirements plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

 Pennsylvania: Fractional and timeshare laws, regulations and requirements plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

 Rhode Island: Fractional and timeshare laws, regulations and requirements plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

 South Carolina: Fractional and timeshare laws, regulations and requirements plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

 South Dakota: Fractional and timeshare laws, regulations and requirements plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

 Tennessee: Fractional and timeshare laws, regulations and requirements plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

 Texas: Fractional and timeshare laws, regulations and requirements plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

 Utah: Fractional and timeshare laws, regulations and requirements plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

 Vermont: Fractional and timeshare laws, regulations and requirements plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

 Virginia: Fractional and timeshare laws, regulations and requirements plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

 Washington: Fractional and timeshare laws, regulations and requirements plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

 West Virginia: Fractional and timeshare laws, regulations and requirements plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

 Wisconsin: Fractional and timeshare laws, regulations and requirements plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

 Wyoming: Fractional and timeshare laws, regulations and requirements plus Sirkin’s Fractional Regulation Summary of 6 most important fractional real estate requirements

SIRKIN’S FRACTIONAL OWNERSHIP REGULATION GUIDE IS AVAILABLE NOW FOR A COST OF $299 PER COPY. DISCOUNTS ARE ALSO AVAILABLE FOR BULK ORDERS.  LAURA_JOHNSON@TICLAWYERS.COM

Contact us at dasirkin@earthlink.net or (00)(1)(415) 738-8545. Sirkin & Associates has offices in California, Colorado and France
©September 30, 2008 by D. Andrew Sirkin.