Washington § 64.36.030 - Application for registration — Contents.

Full text of Washington Revised Code of Washington § 64.36.030 — Application for registration — Contents., with citation guidance and answers to common questions.

§ 64.36.030. Application for registration — Contents.

The application for registration signed by the promoter shall contain the following information on a form prescribed by the director:
(1) The following financial statements showing the financial condition of the promoter and any affiliate:
(a) A balance sheet as of a date within four months before the filing of the application for registration; and
(b) Statements of income, shareholders' equity, and material changes in financial position as of the end of the last fiscal year and for any period between the end of the last fiscal year and the date of the last balance sheet;
(2) A projected budget for the timeshare project for two years after the offering being made, including but not limited to source of revenues and expenses of construction, development, management, maintenance, advertisement, operating reserves, interest, and any other necessary reserves;
(3) A statement of the selling costs per unit and total sales costs for the project, including sales commissions, advertisement fees, and fees for promotional literature;
(4) A description of the background of the promoters for the previous ten years, including information about the business experience of the promoter and any relevant criminal convictions, civil law suits, or administrative actions related to such promotion during that period;
(5) A statement disclosing any fees in excess of the stated price per unit to be charged to the purchasers, a description of their purpose, and the method of calculation;
(6) A statement disclosing when and where the promoter or an affiliate has previously sold timeshares;
(7) A statement of any liens, defects, or encumbrances on or affecting the title to the timeshare units;
(8) Copies of all timeshare instruments; and
(9) Any additional information to describe the risks which the director considers appropriate.
[ 1983 1st ex.s. c 22 s 4.]

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Frequently Asked Questions About Washington § 64.36.030

What does Revised Code of Washington § 64.36.030 cover?

Section 64.36.030 ("Application for registration — Contents.") is part of the Revised Code of Washington, the codified statutory law of Washington. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Washington § 64.36.030?

A common citation format is "Revised Code of Washington § 64.36.030" (Washington). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Washington law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Washington official source linked on this page or consult a licensed Washington attorney.

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Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Washington can advise on how this section applies to you. Contact your state or local bar association for a referral.

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