N.J. Admin. Code § 11:5-9A.9

Current through Register Vol. 56, No. 19, October 7, 2024

Section 11:5-9A.9 - Inspection of timeshare offerings

(a) As provided in N.J.S.A. 45:15-16.8 4, the Commission, at its discretion, may make on-site inspections of any timeshare plan which is the subject of an application for registration, either before an order of registration has been issued or thereafter. The Commission may in its discretion conduct subsequent on-site inspections.

(b) The costs of inspections shall be paid by the applicant who shall provide a deposit when requested by the Commission. After the inspection, the Commission shall provide the applicant/registrant with a statement of costs incurred and a refund of any portion of the deposit not expended or a request for additional funds if required.