ARDA and ARDA-ROC Address Termination/Extension of Timeshare Plans in SC

2019-01-24

Issue Brief

 South Carolina is a key timeshare state with 110 resorts and over 14,000 units. ARDA-ROC has introduced House Bill 3754 to address the termination and extension of expiring timeshare plans in the state.

   

Impact

 The bill will put into place more achievable voting requirements for owners to terminate or extend their expiring timeshare plans and provide a process for managing the option that the owners choose to pursue. 

   

Position/Call to Action

 

Issue Updates

  • HB 3754 introduced in House January 24, 2019 (passed 109-0)

  • Introduced in Senate February 26, 2019

Resolution

  • HB 3754 signed by Governor McMaster and takes effect immediately