Form BPR517 Multisite Timeshare Plan Filing Statement - Florida

What Is Form BPR517?

This is a legal form that was released by the Florida Department of Business & Professional Regulation - a government authority operating within Florida. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is a Multisite Timeshare Plan?A: A Multisite Timeshare Plan is a type of timeshare ownership that allows owners to use their timeshare at multiple locations.

Q: What is Form BPR517?A: Form BPR517 is the filing statement required to create or amend a Multisite Timeshare Plan in Florida.

Q: Who needs to file Form BPR517?A: Developers or operators of Multisite Timeshare Plans in Florida need to file Form BPR517.

Q: What information is required on Form BPR517?A: Form BPR517 requires information such as the name of the timeshare plan, the locations where the timeshare can be used, and the names and contact information of the developers or operators.

Q: Is there a fee for filing Form BPR517?A: Yes, there is a filing fee for Form BPR517. The fee amount may vary, so it's best to check with the Florida Division of Real Estate for the current fee schedule.

Q: Are there any additional requirements for Multisite Timeshare Plans in Florida?A: Yes, there may be additional requirements such as providing financial statements or escrow account information. It's important to review the Florida statutes and regulations for the specific requirements.

Q: What happens after filing Form BPR517?A: After filing Form BPR517, the Florida Division of Real Estate will review the application and notify the developer or operator of any additional requirements or approvals needed.

Q: Is there a deadline for filing Form BPR517?A: There is no specific deadline for filing Form BPR517, but it is recommended to file as soon as possible before offering or selling the Multisite Timeshare Plan.