Section 221.110 - Deceptive Trade Practices A person subject to this subchapter commits a false, misleading, or deceptive act or practice within the meaning of Sections 17.46(a) and (b), Business & Commerce Code, by engaging in any of the following acts:
(1) failing to disclose information as required by this subchapter;(2) making false or misleading statements concerning:(A) the existence of an offer related to the purchase or rent of a timeshare interest;(B) the likelihood of the completion or the time necessary to complete any sale, rental, transfer, or termination of a timeshare interest;(C) the value of a timeshare interest;(D) the current or future costs, including assessments, maintenance fees, or taxes, of owning a timeshare interest;(E) the method by which or source from which a timeshare interest owner's name, address, telephone number, or other contact information was obtained;(F) the identity of the person providing services to facilitate the transfer or termination of a timeshare interest or any affiliate, agent, or third-party representative of that person;(G) the terms and conditions under which services to facilitate a transfer or termination of a timeshare interest are offered;(H) the willingness of a developer, association, or managing entity to: (i) agree to the transfer or termination of a timeshare interest; or(ii) execute instruments necessary to transfer or terminate the timeshare interest; or(I) the manner in which consideration or reimbursements paid by a timeshare interest owner will be used or applied;(3) encouraging or inducing a timeshare interest owner to stop paying the developer, the association, or the managing entity in violation of a contract with or any other legally enforceable obligation to the developer, the association, or the managing entity before the completion of a transfer or termination; or(4) receiving or collecting consideration for or reimbursement related to the facilitation of the transfer of a timeshare interest before the timeshare interest owner receives the documents described by Sections 221.105(1) and (2).Tex. Prop. Code § 221.110
Added by Acts 2015, Texas Acts of the 84th Leg. - Regular Session, ch. 554,Sec. 2, eff. 9/1/2015.