33-2207

33-2207. Foreclosure of assessment
liens

A. If an association, developer or other managing entity files an action to
foreclose the assessment lien on timeshare interests, the association, developer or other
managing entity may join in the same action multiple defendant obligors and junior
interest holders of separate timeshare interests, on compliance with all of the
following:

1. The foreclosure proceeding involves a single timeshare plan.

2. The foreclosure proceeding is filed by a single plaintiff.

3. The default and remedy provisions in the written instruments on which the
foreclosure proceeding is based are substantially the same for each defendant.

4. The nature of the defaults alleged is the same for each defendant.

B. In any foreclosure proceeding involving multiple defendants filed pursuant to
subsection A, the court shall sever for separate trial any count of the complaint in
which a defense or counterclaim is timely raised by a defendant.