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Notice Of Intention (Time-Share) RE 668A - California

Notice Of Intention (Time-Share) Form. This is a California form and can be used in Subdivisions Bureau Of Real Estate Statewide .
 Fillable pdf Last Modified 1/30/2008
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STATE OF CALIFORNIA -- DEPARTMENT OF REAL ESTATE -- SUBDIVISIONS NOTICE OF INTENTION (TIME-SHARE) RE 668A (Rev. 6/05) INSTRUCTIONS This Notice of Intention is only for specific time-share interests in single-site or multi-site time-share plans. Please read RE 668 before completing this form. RE 668A is one of the forms required for a time-share plan public report unless the time-share plan offering is a nonspecific time-share interest in a multi-site time-share plan as defined in Section 11212(z)(2)(B) of the California Business and Professions (B&P) Code. A public report must be obtained by the developer before offering for sale or lease in California any interest(s) in a time-share plan, as those terms are defined in Section 11212(z) B&P Code. A separate RE 668B must be completed and fee paid for offerings of a nonspecific interest in a multi-site time-share plan not currently covered by a California public report/permit. Submit this package and one photocopy of page 1. Attach filing fee to the photocopy. Please read Notice of Appeal Process on last page. USE OF MASTER FILE If you are submitting the first phase/location of a multiplephased time-share plan, you may elect to designate this application 1. A. TYPE OF APPLICATION (CHECK ALL APPLICABLE) E. FOR DRE USE ONLY FILE NUMBER AMOUNT REQUIRED $ AMOUNT RECEIVED $ REFUND AMOUNT $ AMT TRANSFERRED FOR INTERESTS $ FROM FILE # as a "Master File" for the subsequent applications. By this means you may use certain documentation contained in the Master File to serve in subsequent applications without having to re-submit the same item. If you are submitting an application for a subsequent phase of the time-share plan, certain documents submitted with the Master File are not required. Refer to item name for "Master File Item" phrase. SINGLE RESPONSIBILITY PARTY (SRP) -- CONTACT PERSON GENERAL INFORMATION FINAL PUBLIC REPORT CONDITIONAL PUBLIC REPORT BUSINESS ADDRESS B. THIS APPLICATION IS BEING SUBMITTED AS: (CHECK ONE) SINGLE PHASE TS PLAN MULTI-PHASE TS PLAN CITY STATE SUBSEQUENT PHASE OF AN EXISTING TS PLAN MASTER FILE # (IF APPLICABLE) ZIP CODE COUNTRY C. WHEN PUBLIC REPORT IS READY: TELEPHONE NO. (INCLUDE AREA CODE) MAIL TO SRP D. DEVELOPER INFORMATION -- NAME CALL SRP FOR PICK UP F. ATTORNEY FOR DEVELOPER BUSINESS ADDRESS DEVELOPER'S ASSUMED NAME (IF APPLICABLE) CITY BUSINESS ADDRESS ZIP CODE CITY STATE TELEPHONE NO. (INCLUDE AREA CODE) ZIP CODE COUNTRY G. TELEPHONE NO. (INCLUDE AREA CODE) BUSINESS ADDRESS MAILING ADDRESS (IF DIFFERENT) CITY BUSINESS ADDRESS ZIP CODE CITY STATE TELEPHONE NO. (INCLUDE AREA CODE) ZIP CODE COUNTRY COUNTRY STATE TIME-SHARE ASSOCIATION BUDGET PREPARER COUNTRY STATE American LegalNet, Inc. www.FormsWorkflow.com H. Is the offering a "single site time-share plan" with right to use accommodations at a singe timeshare property as defined in B&P Codes Section 11212(z)(1)? .............................................. I. Will the offering consist of a specific time-share interest in a multi-site time-share plan as defined in B&P Code Section 11212(z)(2)(A) that will be affiliated with component sites under a contractual or membership program through a reservation system at the time the public report is issued? .................................................................................................................................. If YES, please answer the following question: 1. Will the purchaser receive a priority right of not less than 60 days to reserve accommodations at that specific time-share property without competing with other owners of time-share interests at other time-share properties that are part of the multi-site time-share plan? ... If NO to I1, the offering will not qualify as a specific time-share interest in a multi-site timeshare plan, but may be filed as a nonspecific interest in a multi-site time-share plan. 2. If the offering qualifies as a specific time-share interest in a multi-site time-share plan, provide signed certification on a separate sheet that: a. A purchaser has contractual or membership rights to use accommodations at each affiliated site, and that if an accommodation is or may become subject to a blanket encumbrance, that the blanket encumbrance is or will be subordinate to these rights. Adequate provisions exist for completion of all promised improvements for such accommodations. Yes No Yes No Yes No b. J. Is the offering a "single-site time-share plan" as defined in B&P Code Section 11212(z)(1) that at the time the public report is issued presently intended to be converted to a multi-site time-share plan which includes a specific time-share interest as defined in Section 11212(z) in the future? If YES, the public report must be amended at the time of the conversion to implement the material change in compliance with B&P Code Section 11226(F). Yes No K. Interests to be conveyed (Please check the applicable boxes.) "Time-share estate" as defined in B&P Code Section 11212(x)(1) "Time-share use" as defined in B&P Code Section 11212(x)(2) Annual uses Biennial uses Fixed accommodation, fixed time Variable accommodation, fixed time Fixed accommodation, variable time Variable accommodation, variable time Points/symbol system (See K4 below.) 1. For all offerings, please state: · The amount of annual time to be sold per accommodation, in terms of seven-day use increments or other time increments. ......................................................................... Total number of annual time-share interests (number of time-share interests per accommodation multiplied by total number of accommodations dedicated to the timeshare plan). ................................................................................................................. Number of biennial time-share interests per accommodation. .................................. Total number of biennial time-share interests (number of biennial interests per accommodation multiplied by total number of accommodations dedicated to the timeshare plan). ................................................................................................................. The amount of annual time to be reserved to the association for maintenance. ........ ________________________ · ________________________ ________________________ · · ________________________ ________________________ Page 2 of 29 · RE 668A American LegalNet, Inc. www.FormsWorkflow.com 2. On a separate attachment provide a description of the duratio
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