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and information necessary to identify the assessed value of each | time-share unit | | enacted by the municipal officers. Nothing in this subsection | | prevents a municipality from sending separate tax bills to each | | time-share owner. |
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| | | Any managing entity that collects taxes shall maintain an escrow | | account and pay the taxes as provided in subsection 5. |
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| | | 1. The developers' ability to sell time-shares prior to | | completion of a time-share unit as long as all consideration from | | the sale is held by a 3rd-party escrow agent; |
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| | | 2. That when the developer has guaranteed that common expense | | assessments will not exceed a stated dollar amount, the developer | | will be responsible for any excess common expenses due; and |
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| | | 3. Methods of assessing time-share estates so that they will | | be assessed by municipal assessors is the same manner as are | | condominium units to achieve equitable valuation of comparable | | real property. |
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