How long is the approval process for a timeshare plan?
The Division of Condominiums, Timeshares and Mobile Homes will notify the developer in writing of either approval or specified deficiencies within 45 days after receipt by the Division’s Tallahassee office of the registered public offering statement, or within 120 days in the case of a multisite timeshare plan. The developer is required to respond to the deficiency notice within 20 days of receipt of the deficiency notice. The Division will then respond within 20 days after receipt of the developer’s response to any deficiency notice. This process occurs until the filing is approved, withdrawn, or rejected.
