HAR §16-53-40.3

HAR §16-53-40.3. Time share

Last amended: 2016Length: 490 wordsOfficial source

Cite as Haw. Code R. § 16-53-40.3

The fees for time sharing shall be as provided in this section: (1) Application fees: (A) Developer $ 750 (B) Acquisition agent $ 50 (C) Plan manager $ 100 (D) Exchange agent $ 125 (E) Booth $ 50 (F) Developer subsequent filing for time share unit annexation $ 150 (2) Registration fees: (A) Developer (i) Time share plan containing time share units or time share interests in one time share project $ 1400 (ii) Each additional time share project in which the time share units or time share interests are being registered, up through forty time share projects $100 per project (B) Acquisition agent $ 96 53-57 §16-53-40.3 (C) Plan manager $ 190 (D) Exchange agent $ 236 (E) Booth $ 96 (F) Developer subsequent filing for time share unit annexation (i) Application for annexation of time share units or time share interests in one time share project $ 285 (ii) Each additional time share project in which the time share units or time share interests are being annexed, up through forty time share projects $100 per project (3) Time share consultant fees for the review of filings required of time share developers shall be as determined by agreement between the State and the time share consultant (4) Compliance resolution fund fee paid with registration: (A) Developer shall pay $184 plus $246 for each unit in the time share plan up through twenty-five units (B) Acquisition agent $ 50 (C) Plan manager $ 80 (D) Exchange agent $ 50 (E) For subsequent filing for time share unit annexation, developer shall pay $62 plus $246 for each unit which shall be annexed to the time share plan up through an aggregate of twenty-five units for the time share plan (5) Biennial registration renewal fees (active): (A) Developer $ 476 (B) Acquisition agent $ 96 (C) Plan manager $ 190 (D) Exchange agent $ 190 (E) Booth $ 96 (6) Compliance resolution fund fee paid with biennial renewal (active or inactive): (A) Developer $ 80 (B) Acquisition agent $ 50 (C) Plan manager $ 80 (D) Exchange agent $ 50 (7) Biennial registration renewal fee (inactive) $ 12 (8) Reactivation fee shall be $50 plus the biennial renewal fees 53-58 §16-53-40.5 (9) Restoration fee for developers, acquisition agents, plan managers, and exchange agents for failure to renew registration shall be the penalty fee of $400, in addition to delinquent biennial renewal fees. Restoration is subject to requirements contained in chapter 16-106, Hawaii Administrative Rules (10) Amendments: (A) Developer disclosure statement $ 50 (B) Other registration documents $ 50 (11) Foreign time share plan exemption fee $ 100 (12) Limited permit: (A) Application fee $ 1000 (B) Annual renewal $ 50 [Eff and comp 11/25/88; comp 12/21/89; am and comp 10/4/91; am and comp 6/10/94; am and comp 7/18/94; am and comp 6/13/00; comp 11/22/02; comp 7/21/08; comp 9/2/10; am and comp 10/10/16] (Auth: HRS §§26-9, 436B­ 13.3, 514E-13) (Imp: HRS §§26-9, 514E-10)
HAR §16-53-40.3: HAR §16-53-40.3. Time share | Justis AI