557A.13 Exemptions from disclosure requirements.
A person shall not be required to provide disclosure documents, as required in sections 557A.11 and 557A.12, in the following cases:
1. A transfer of a time-share interval by a time-share interval owner other than a developer or a developer’s agent.
2. A disposition of units in a time-share project pursuant to a court order.
3. A disposition of units in a time-share project by a government or governmental agency.
4. A disposition of units in a time-share project by a foreclosure or deed in lieu of foreclosure.
5. A disposition to a person acquiring the time-share interval for other than personal use.
6. A disposition of a time-share interval in a time-share project situated wholly outside this state if all solicitations, negotiations, and contracts took place wholly outside this state and the contract was executed wholly outside this state.
7. A gratuitous transfer of a time-share interval.
85 Acts, ch 155, §13
Referred to in §557A.3
Structure Iowa Code
Section 557A.1 - Time-share Act.
Section 557A.3 - Applicability to time-share programs located out-of-state.
Section 557A.4 - Action for partition.
Section 557A.5 - Status of time-share estates.
Section 557A.6 - Creation of time-share estates.
Section 557A.7 - Arrangements for management and operation of a time-share estate program.
Section 557A.8 - Developer control period.
Section 557A.9 - Creation of time-share uses.
Section 557A.10 - Arrangement for management and operation of a time-share use program.
Section 557A.11 - Disclosure requirements.
Section 557A.12 - Additional disclosure requirements relating to exchange programs.
Section 557A.13 - Exemptions from disclosure requirements.
Section 557A.14 - Purchaser’s and developer’s rights relating to property report.
Section 557A.15 - Release from liens.
Section 557A.16 - Enforcement and cause of action.
Section 557A.18 - Financing of time-share programs.
Section 557A.19 - Lienholder’s rights.
Section 557A.20 - Selling time-share estates — license required.