Sec. 221.036. DEVELOPER PREPARATION AND COMPLETION OF DOCUMENTS. (a) A developer may charge a reasonable fee for completion of a contract form, closing document, or disclosure document required for the sale, exchange, option, lease, or rental of a timeshare interest.
(b) The action of a developer under Subsection (a) does not constitute the unauthorized or illegal practice of law in this state if the contract or document has been:
(1) accepted by the commission for use in the particular type of transaction involved; or
(2) prepared by an attorney licensed to practice law in this state for use in the particular type of transaction involved.
Added by Acts 2003, 78th Leg., ch. 1244, Sec. 1, eff. June 20, 2003.
Structure Texas Statutes
Title 12 - Miscellaneous Shared Real Property Interests
Chapter 221 - Texas Timeshare Act
Section 221.031. Advertisements and Promotions
Section 221.032. Timeshare Disclosure Statement
Section 221.033. Exchange Disclosure Statement
Section 221.034. Exempt Offerings and Dispositions; Communications
Section 221.035. Supervisory Duties of Developer
Section 221.036. Developer Preparation and Completion of Documents