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TITLE 68: PROFESSIONS AND OCCUPATIONS
CHAPTER VII: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION SUBCHAPTER b: PROFESSIONS AND OCCUPATIONS PART 1451 REAL ESTATE TIMESHARE ACT OF 1999 SECTION 1451.20 COMPREHENSIVE REGISTRATION
Section 1451.20 Comprehensive Registration
A comprehensive registration as set forth in Section 5-15(d) of the Act shall include but not be limited to:
a) certificate of authority to transact business in Illinois, if applicable;
b) certified financial statements;
c) consent to service of process;
d) consent to examine and audit special accounts;
e) a completed timeshare plan application, including the following exhibits:
1) general location map;
2) scaled, drafted plot map;
3) floor plans for each type of unit;
4) copy of plat or survey of record;
5) evidence of title;
6) legal description of property;
7) encumbrances;
8) covenants;
9) certificate of occupancy, if available;
10) certification of promised improvements;
11) public offering statement;
12) contract and conveyance documents;
13) exchange company documents; and
f) the required filing fee.
(Source: Amended at 35 Ill. Reg. 15044, effective September 9, 2011) |