reglab/housing_qa huggingface dataset:
IA Code § 557A.10 (2021)
2021 Iowa Code|Title XIV - PROPERTY|Chapter 557A - TIME-SHARES|Section 557A.10 - Arrangement for management and operation of a time-share use program.

557A.10 Arrangement for management and operation of a time-share use program.   The time-share instruments for a time-share use program shall prescribe reasonable arrangements for management and operation of the program and for the maintenance, repair, and furnishing of units which shall include, but not be limited to, provisions for the following:   1. Standards and procedures for upkeep, repair, and interior furnishing of units and for providing of janitorial, cleaning, linen, and similar services to the units during use periods.   2. Adoption of standards and rules of conduct governing the use and occupancy of units by time-share use owners.   3. Payment of the costs and expenses of operating the time-share program.   4. Selection of a managing agent to act on behalf of the developer.   5. Preparation and dissemination to time-share use owners of an annual budget and operating statements and other financial information concerning the time-share program.   6. Procedures for establishing the rights of time-share use owners to the use of units by prearrangement or under a first-reserved, first-served priority system.   7. Organization of a management advisory board consisting of time-share use owners including an enumeration of rights and responsibilities of the advisory board.   8. Procedures for imposing and collecting assessment or use fees from time-share use owners as necessary to defray costs of management of the time-share program and in providing materials and services to the units.   9. Comprehensive general liability insurance for death, bodily injury, and property damage arising out of, or in connection with, the use of units by time-share use owners, their guests, and other users.   10. Methods for providing compensating use periods or monetary compensation to a time-share use owner if a unit cannot be made available for the period to which the owner is entitled by schedule or by a confirmed reservation.   11. Procedures for imposing a monetary penalty or suspension of a time-share use owner’s rights and privileges in the time-share program for failure of the owner to comply with the time-share instruments or the rules established by the developer with respect to the use of the units. The time-share use owner shall be given notice and the opportunity to refute or explain the charges in person or in writing to the management advisory board before a decision to impose discipline is rendered.   12. Procedures for disclosure at cost to requesting time-share users of a list of the names and mailing addresses of all current time-share owners in the time-share program.  85 Acts, ch 155, §10  Referred to in §557A.3
IA Code § 557A.12 (2021)
2021 Iowa Code|Title XIV - PROPERTY|Chapter 557A - TIME-SHARES|Section 557A.12 - Additional disclosure requirements relating to exchange programs.

557A.12 Additional disclosure requirements relating to exchange programs.   1. When the owners of time-share intervals are to be permitted or required to become members of or participate in any program for the exchange of occupancy rights among themselves or with the owners of time-share intervals of other time-share projects or both, the developer or an agent of a developer of a time-share program, in addition to the property report required by section 557A.11 and within the same time limitation, shall provide the following disclosure materials to a purchaser:   a. The name, address and telephone number of the exchange agent and a statement as to whether that person is an affiliate of the developer.   b. Whether membership or participation, or both, in the exchange program are voluntary or mandatory.   c. The expenses, or ranges of expenses, charged to the time-share interval owners for membership in the exchange program including the expenses, if any, of exchanging as of a date not more than one year before the property report is delivered to the purchaser, and the name of the person to whom those expenses are payable.   d. Whether and how any of the expenses specified in paragraph “c” may be altered and, if any of them are to be fixed on a case-by-case basis, the manner in which they are to be fixed in each case.   2. Subsection 1 shall not apply if information on all exchange programs has been included pursuant to law or rule of the other registering jurisdiction in an abbreviated property report prepared pursuant to section 557A.11, subsection 2.  85 Acts, ch 155, §12  Referred to in §557A.2, 557A.3, 557A.11, 557A.13, 557A.14
IA Code § 557A.13 (2021)
2021 Iowa Code|Title XIV - PROPERTY|Chapter 557A - TIME-SHARES|Section 557A.13 - Exemptions from disclosure requirements.

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
IA Code § 557A.14 (2021)
2021 Iowa Code|Title XIV - PROPERTY|Chapter 557A - TIME-SHARES|Section 557A.14 - Purchaser’s and developer’s rights relating to property report.

557A.14 Purchaser’s and developer’s rights relating to property report.   1. A purchaser may at any time within five business days following the receipt of all information required in sections 557A.11 and 557A.12 rescind in writing a contract of sale without stating any reason and without any liability on the purchaser’s part. All payments made by the purchaser before rescission shall be refunded within thirty days after receipt of the notice of rescission as provided in subsection 3.   2. The developer may cancel the contract of purchase without penalty to either person at any time within five business days after the receipt by the purchaser of the disclosure materials required in sections 557A.11 and 557A.12. The developer shall return all payments made and the purchaser shall return all materials received in good condition, reasonable wear and tear excepted. If the materials are not returned, the developer may deduct their cost and return the balance to the purchaser.   3. If either person elects to cancel a contract pursuant to subsection 1 or 2, the person may do so by hand delivery or personal service, or electronic or prepaid United States mail to the other person or to the person’s agent for service of process.   4. Material furnished under sections 557A.11 and 557A.12 may not be changed or amended following delivery to a purchaser without the prior approval of the purchaser, if the change or amendment would materially affect the rights of the purchaser. A copy of amendments shall be delivered promptly to the purchaser.   5. A developer who makes a false or misleading statement of fact that reasonably could affect the purchaser’s decision to enter into the contract of sale, or omits to include a fact, in the information required to be disclosed under sections 557A.11 and 557A.12 shall be liable to the purchaser for damages, and, at the election of the purchaser, the misrepresentation shall be sufficient to void the contract for sale.   6. Rights of purchasers under this section shall not be waived in the contract of sale and an attempt to waive is void.  85 Acts, ch 155, §14  Referred to in §557A.3
IA Code § 557A.15 (2021)
2021 Iowa Code|Title XIV - PROPERTY|Chapter 557A - TIME-SHARES|Section 557A.15 - Release from liens.

557A.15 Release from liens.   1. Unless the purchaser expressly agrees, prior to the transfer other than by deed in lieu of foreclosure of a time-share interval, to take subject to or assume a lien, the developer shall record or furnish to the purchaser releases of all liens affecting that time-share interval, or shall provide a surety bond or insurance against the lien.   2. If a lien, other than an underlying mortgage or deed of trust, becomes effective against more than one time-share interval in a time-share project, a time-share interval owner is entitled to a release of the owner’s time-share interval from the lien upon payment of the amount of the lien attributable to the owner’s time-share interval. The amount of the payment shall be proportionate to the ratio that the time-share interval owner’s liability bears to the liabilities of all time-share interval owners whose interests are subject to the lien. Upon receipt of payment, the lienholder shall promptly deliver to the time-share interval owner a release of the lien covering the time-share interval. After payment, the managing entity shall not assess or have a lien against that time-share interval for any portion of the expenses incurred in connection with that lien. The time-share interval owner and the lienholder may enter into an alternative arrangement.  85 Acts, ch 155, §15  Referred to in §557A.3
IA Code § 557A.16 (2021)
2021 Iowa Code|Title XIV - PROPERTY|Chapter 557A - TIME-SHARES|Section 557A.16 - Enforcement and cause of action.

557A.16 Enforcement and cause of action.   1. Violations of this chapter, unfair methods of competition, and deceptive or unfair acts or practices, in the offer or sale of a time-share are unlawful. Enforcement shall be as provided in section 714.16. The terms “unfair methods of competition” and “deceptive or unfair acts or practices” include, but are not limited to, the following acts:   a. Misrepresenting or failing to disclose any material fact concerning a time-share.   b. Failing to honor and comply with all provisions of a time-share instrument entered into with a purchaser.   c. Including any time-share instrument provisions purporting to waive any right or benefit provided for purchasers under this chapter.   d. Receiving from a prospective purchaser any money or other valuable consideration before the purchaser signs a time-share instrument.   e. Misrepresenting the amount of time or period of time the time-share unit will be available to a purchaser.   f. Misrepresenting the location of the offered time-share unit.   g. Misrepresenting the size, nature, extent, qualities, or characteristics of the offered time-share unit.   h. Misrepresenting the nature or extent of any services incident to the time-share unit.   i. Misrepresenting the conditions under which a purchaser may exchange occupancy rights to a time-share unit in one location for occupancy rights to a time-share unit in another location.   2. If a developer or any other person subject to this chapter violates any provision of this chapter or any provision of the project or time-share instruments, any person or class of persons damaged or otherwise adversely affected by the violation shall have a claim for appropriate relief, which shall be brought in the county in which the time-share project is located or was offered or sold, in which the time-share offeror or time-share salesperson resides or is doing business upon tender of the time-share interest sold, or in which the contract was made. The court may order the developer or other person subject to this chapter to refund the purchaser the full amount paid by the purchaser, with prejudgment interest, less a portion of the amount paid representing the portion of any benefit the purchaser actually received or had the right to receive during the time preceding the tender. In all cases, the court may provide equitable relief it considers necessary or proper. The court may also award the person or class of persons reasonable attorney’s fees. This action does not limit any other remedy of the purchaser.  85 Acts, ch 155, §16  Referred to in §557A.3
IA Code § 557A.17 (2021)
2021 Iowa Code|Title XIV - PROPERTY|Chapter 557A - TIME-SHARES|Section 557A.17 - Blanket mortgage or other liens affecting a time-share interval at time of first conveyance.

557A.17 Blanket mortgage or other liens affecting a time-share interval at time of first conveyance.   The developer whose project is subject to an underlying blanket lien or encumbrance shall protect nondefaulting purchasers from foreclosure by the lienholder by obtaining from the lienholder written assurances that the lienholder will not foreclose on nondefaulting purchasers. These written assurances may be in the form of a nondisturbance clause, subordination agreement, or partial release of the lien as the time-share intervals are sold, or the developer may obtain the agreement of the lienholder to take the project, in the event of default by the developer, subject to the rights of the nondefaulting purchasers by entering into a financing plan or escrow agreement sufficient to protect the lienholder’s interest.  85 Acts, ch 155, §17  Referred to in §557A.3
IA Code § 557A.18 (2021)
2021 Iowa Code|Title XIV - PROPERTY|Chapter 557A - TIME-SHARES|Section 557A.18 - Financing of time-share programs.

557A.18 Financing of time-share programs.   In the financing of a time-share program, the developer shall retain financial records of the schedule of payments required to be made and the payments made to any person or entity which is the holder of an underlying blanket mortgage, deed of trust, contract of sale, or other lien or encumbrance. Any transfer of the developer’s interest in the time-share program to a person other than purchaser of a unit shall be subject to the obligations of the developer.  85 Acts, ch 155, §18  Referred to in §557A.3
IA Code § 557A.19 (2021)
2021 Iowa Code|Title XIV - PROPERTY|Chapter 557A - TIME-SHARES|Section 557A.19 - Lienholder’s rights.

557A.19 Lienholder’s rights.   Any purchaser who fails to object and specify the invalidity or defect contained in the time-share instrument within sixty days after receipt of written notice that the developer has assigned the receivables to the lienholder may not claim that the time-share instrument is invalid, void, or voidable in any subsequent action for enforcement of the collection of the receivables by the lienholder. The notice shall be by certified mail or personal delivery and state that the developer has assigned the receivables to the lienholder and that the purchaser has sixty days within which to object and specify the invalidity or defect contained within such instrument. Any objection shall be written and delivered by certified mail or personal delivery to the lienholder.  85 Acts, ch 155, §19  Referred to in §557A.3
IA Code § 557A.20 (2021)
2021 Iowa Code|Title XIV - PROPERTY|Chapter 557A - TIME-SHARES|Section 557A.20 - Selling time-share estates — license required.

557A.20 Selling time-share estates — license required.   A person engaged in the business or occupation of selling time-share estates for a fee or a commission shall obtain a real estate license pursuant to chapter 543B.  85 Acts, ch 155, §20  Referred to in §557A.3
IA Code § 557B.2 (2021)
2021 Iowa Code|Title XIV - PROPERTY|Chapter 557B - MEMBERSHIP CAMPGROUNDS|Section 557B.2 - Registration requirement.

557B.2 Registration requirement.   A person shall not offer or sell a membership camping contract in this state unless one of the following is applicable:   1. The membership camping contract is covered by a membership camping registration as provided in this chapter.   2. The membership camping contract or the transaction is exempted under section 557B.4.  87 Acts, ch 181, §6  Referred to in §502.201, 557B.13
IA Code § 557B.4 (2021)
2021 Iowa Code|Title XIV - PROPERTY|Chapter 557B - MEMBERSHIP CAMPGROUNDS|Section 557B.4 - Exemptions.

557B.4 Exemptions.   The following transactions are exempt from registration:   1. An offer, sale, or transfer by any one person of not more than one membership camping contract in any twelve-month period.   2. An offer or sale by a government, government agency, or other subdivision of government.   3. A bona fide pledge of a membership camping contract.   4. Transactions subject to regulation pursuant to chapter 557A.  87 Acts, ch 181, §8  Referred to in §502.201, 557B.2
IA Code § 557B.5 (2021)
2021 Iowa Code|Title XIV - PROPERTY|Chapter 557B - MEMBERSHIP CAMPGROUNDS|Section 557B.5 - Effective date of registration.

557B.5 Effective date of registration.   1. The application for registration automatically becomes effective upon the expiration of forty-five calendar days following filing of a completed application with the attorney general unless one of the following occurs:   a. The application is denied under section 557B.6.   b. The attorney general grants the registration effective as of an earlier date.   c. The applicant consents to a delay of the effective date.   2. If the attorney general requests additional information with respect to the application, the application becomes effective upon the expiration of fifteen business days following the filing with the attorney general of the additional information unless an order pursuant to section 557B.6 is issued or unless declared effective on an earlier date by order of the attorney general.  87 Acts, ch 181, §9; 2013 Acts, ch 30, §261
IA Code § 557B.7 (2021)
2021 Iowa Code|Title XIV - PROPERTY|Chapter 557B - MEMBERSHIP CAMPGROUNDS|Section 557B.7 - Fees.

557B.7 Fees.   Each application for registration of an offer or sale of membership camping contracts and each application for amendment or renewal of a registration shall be accompanied by a fee determined by the attorney general which shall be sufficient to defray the costs of administering this chapter.  87 Acts, ch 181, §11  Referred to in §557B.3
IA Code § 557B.9 (2021)
2021 Iowa Code|Title XIV - PROPERTY|Chapter 557B - MEMBERSHIP CAMPGROUNDS|Section 557B.9 - Membership camping contracts.

557B.9 Membership camping contracts.   The membership camping operator shall deliver to the purchaser a fully executed copy of a membership camping contract, in writing, which contract shall include at least the following information:   1. The name of the membership camping operator and the address of its principal place of business.   2. The actual date the membership camping contract is executed by the purchaser.   3. The total financial obligation imposed on the purchaser by the contract, including the initial purchase price and any additional charge the purchaser may be required to pay.   4. A statement that the membership camping operator is required by law to provide each purchaser with a copy of the membership camping operator’s disclosure statement prior to execution of the contract and that failure to do so is a violation of the law.   5. The full name of each salesperson involved in the execution of the membership camping contract.   6. In immediate proximity to the space reserved for the purchaser’s signature, a conspicuous statement printed in boldface type of a minimum size of ten points:   You the purchaser may cancel this contract without any penalty or obligation at any time within three business days following the date of execution of the contract or the receipt of the disclosure statement from the membership camping operator, whichever event occurs later. To cancel the contract, hand deliver or mail a postage prepaid written cancellation to the membership camping operator at the address listed on this contract. Upon cancellation and return of all membership and reciprocal use program materials furnished at the time of purchase, you will receive a refund of all money paid within thirty calendar days after the membership camping operator receives notice of your cancellation.  87 Acts, ch 181, §13
IA Code § 557B.10 (2021)
2021 Iowa Code|Title XIV - PROPERTY|Chapter 557B - MEMBERSHIP CAMPGROUNDS|Section 557B.10 - Purchaser’s right of cancellation.

557B.10 Purchaser’s right of cancellation.   A purchaser has the right to cancel a membership camping contract within three business days following the date the contract is executed or within three business days following the date of delivery of the written disclosure statement required by section 557B.8, whichever event is later.   1. The right to cancel may not be waived and any attempt to obtain such a waiver is unlawful.   2. A purchaser may cancel the contract by hand delivering a written statement of cancellation or by mailing such a statement to the membership camping operator. The cancellation is deemed effective upon mailing.   3. Upon cancellation and return of all membership and reciprocal use materials furnished at the time of purchase, the membership camping operator shall refund to the purchaser all payment and other consideration given by the purchaser. The refund shall be made within thirty calendar days after the membership camping operator receives notice of the cancellation and may, where payment has been made by credit card, be made by an appropriate credit to the purchaser’s account. If the membership camping operator fails to refund the payment or other consideration given within the thirty-day period, it is presumed that the membership camping operator is willfully and wrongfully retaining the payment or other consideration. The willful retention of a payment or other consideration in violation of this section renders the membership camping operator liable for double the amount of that portion of the payment or other consideration wrongfully withheld from the purchaser together with reasonable attorney fees and court costs.   4. The membership camping operator or salesperson shall orally inform the purchaser at the time the contract is executed of the right to cancel the contract as provided in this section.  87 Acts, ch 181, §14
IA Code § 557B.11 (2021)
2021 Iowa Code|Title XIV - PROPERTY|Chapter 557B - MEMBERSHIP CAMPGROUNDS|Section 557B.11 - Purchaser’s remedies.

557B.11 Purchaser’s remedies.   A purchaser’s remedy for errors in or omissions from the membership camping contract, the materials delivered to the purchaser at the time of sale, or any of the disclosures required in section 557B.13 is limited to a right of cancellation and refund of the payment made or consideration given by the purchaser. However, this limitation does not apply to errors or omissions from the contract or disclosures or other requirements of this chapter which are part of a scheme to willfully misstate or omit the information required. Reasonable attorney fees shall be awarded to the prevailing party in any action under this section.  87 Acts, ch 181, §15
IA Code § 557B.14 (2021)
2021 Iowa Code|Title XIV - PROPERTY|Chapter 557B - MEMBERSHIP CAMPGROUNDS|Section 557B.14 - Remedies.

557B.14 Remedies.   1. A violation of this chapter or the commission of any act declared to be unlawful under this chapter constitutes a violation of section 714.16, subsection 2, paragraph “a”, and the attorney general has all the powers enumerated in that section to enforce the provisions of this chapter.   2. In addition, the attorney general may seek civil penalties of not more than ten thousand dollars for each violation of or the commission of any act declared to be unlawful under this chapter. Each day of continued violation constitutes a separate offense.   3. Any person who fails to pay the filing fees required by this chapter and continues to sell membership camping contracts is liable civilly in an action brought by the attorney general for a penalty in an amount equal to treble the unpaid fees.   4. The provisions of this chapter are cumulative and nonexclusive and do not affect any other available remedy at law or equity, except as otherwise provided in sections 502.201, 537.3310, and 552A.2.  87 Acts, ch 181, §18; 93 Acts, ch 60, §25