Any timeshare seller desiring to use any gift, prize, award, discount, etc., as a promotional device in soliciting the sale or lease or rental of timeshares shall, prior to the use of each such device, submit evidence satisfactory to the Real Estate Commission that the retail value of each such item and the approximate odds of each item being awarded or given are accurately represented in all advertising thereof. Further, satisfactory evidence shall be submitted to the Commission that any such item will be readily available to be given, awarded, etc., to any valid claimant. No such promotional device may be used until its use has been approved by the Commission.
Author: Edward M. George
Ala. Admin. Code r. 790-X-4-.03
Statutory Authority:Code of Ala. 1975, §§ 34-27-60, 34-27-62.