Fillable DBPR Form TS 6000-4 Revised: September 2001 INDEX (MyFloridaLicense)

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DBPR Form TS 6000-4 Revised: September 2001 INDEX (MyFloridaLicense)

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DBPR Form TS 6000-4
Revised: September 2001
1
INDEX TO MULTISITE TIMESHARE PLAN
PUBLIC OFFERING STATEMENT TEXT
PAGE
I. Public Offering Statement Definitions ..................................................................
And Abbreviations
II. Required Disclosures .............................................................................................
II.A Developer Disclosures ...........................................................................................
III. Public Offering Statement Text ............................................................................
1. Description of the multisite timeshare plan ............................................
a. Term of multisite timeshare plan...................................................
b. Term of each component site .......................................................
c. Legal structure ................................................................................
d. Form of ownership ..........................................................................
2. Description of the reservation system......................................................
a. Structure ...........................................................................................
b. Ownership ........................................................................................
c. Operating entity................................................................................
3. Reservation system operation...................................................................
a. Demand balancing standard..........................................................
b. Rules & Regulations [or exhibit to POS] . . . . . . . . . . . . . . . .
4. Priority reservation features ......................................................................
5. Material rules and regulations at each component site.........................
6. Component site addition.............................................................................
DBPR Form TS 6000-4
Revised: September 2001
2
PAGE
a. Basis for additions ..........................................................................
b. Authority retaining addition right....................................................
c. Anticipated effect of addition(s) upon
the reservation system and availability
of component site accommodations ............................................
d. Cap upon multisite common expenses
if additions ........................................................................................
e. Purchaser right of consent to addition(s)
[or s. 721.55(f)(1)c., F.S., disclosure] ..........................................
7. Component site substitution......................................................................
a. Basis for substitution ......................................................................
b. Authority retaining substitution right ............................................
c. Anticipated effect of substitution(s) upon
the reservation system and availability of
component site accommodations ................................................
d. Limitations upon substitution ........................................................
e. Purchaser right of consent to substitution(s)
[or s. 721.55(f)(2)b, F.S., disclosure] ...........................................
8. Component site deletion ............................................................................
a. For casualty......................................................................................
(1) Business interruption insurance provision.......................
b. For term expiration .........................................................................
c. For eminent domain action............................................................
d. Other ................................................................................................
9. Responsible entities ...................................................................................
DBPR Form TS 6000-4
Revised: September 2001
3
PAGE
a. Multisite developer .........................................................................
(1) Identity ..................................................................................
(2) Pending lawsuits or judgments
(or statement regarding the lack thereof) .......................
b. Multisite managing entity................................................................
(1) Identity ..................................................................................
(2) Pending lawsuits or judgments
[or statement regarding the lack thereof] ........................
(3) Relationship of multisite managing
entity to component site managing entity .......................
10. Multisite timeshare plan common expenses ..........................................
a. Description of multisite common expenses.................................
b. Description of cap upon multisite common expenses ..............
c. Responsible entity for multisite common expenses ..................
d. Collection method/lien rights for multisite
common expenses .........................................................................
e. Nonspecific license budget information
(reference exhibit) ...........................................................................
f. Guarantee of level of common expenses....................................
(1) Duration (in calendar or fiscal years) ..............................
(2) S. 721.55(h)(5), F.S., disclosure.......................................
(3) Level of guarantee and right of
extension/increase reservation ........................................
g. Annual increase limitations............................................................
h. Bad debt/working capital reserves ..........................................
DBPR Form TS 6000-4
Revised: September 2001
4
PAGE
i. Replacement/deferred maintenance reserves............................
11. Restrictions upon sale, lease or transfer .................................................
12. Personal Use and Enjoyment....................................................................
13. Exchange program(s) .................................................................................
14. Description of component site ...................................................................
[For written description, the following format applies:]
a. Name & address .............................................................................
b. Number of accommodations & timeshare interests and periods
c. Accommodation types ...................................................................
(1) Number of bedrooms ..........................................................
(2) Number of bathrooms.........................................................
(3) Sleeping capacity ...............................................................
(4) Full kitchen disclosure ........................................................
d. Facility information for each component site...............................
(1) Facility type...........................................................................
(2) Intended use.........................................................................
(3) User fees ..............................................................................
15. Disclosure for plan with only one component site..................................
16. Other information.........................................................................................
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DBPR Form TS 6000-4 Revised: September 2001 INDEX (MyFloridaLicense)

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Completed 11 February 2021

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