Timeshares, Private Residence Clubs, and Fractional Use

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UPDATE: The Utah Legislature passed S.B. 271 Homeownership Requirements during the 2023 General Session and it is pending the Governor’s signature. S.B. 271 prohibits municipalities from enacting or enforcing land use regulations involving co-owned homes. As a result, Park City will not proceed with Fractional Use Land Management Code amendments. However, S.B. 271 allows for homeowner associations to address fractional co-ownership in their CC&Rs, so homeowner associations should consult with their membership and legal counsel as appropriate.