Under which conditions can a developer be refused a license or registration?

A developer can be refused a license or registration in the context of timeshare development if they demonstrate immoral behavior. This is important because the real estate and timeshare industries rely heavily on trust and ethical conduct. If a developer has engaged in activities that violate ethical standards or demonstrate a lack of integrity, it undermines consumer confidence in the timeshare market. Regulatory bodies prioritize the protection of consumers, and developers are expected to adhere to moral and ethical business practices.

In contrast, while having a criminal record may disqualify a developer in certain instances, it can depend on the nature of the crime and the time elapsed since the offense. Inexperience, while potentially a concern, is not a standalone reason for denial, as regulatory agencies may provide pathways for less experienced developers to obtain guidance or mentorship. Furthermore, a lack of a business license could be a regulatory issue, but it might not directly pertain to the morality of the developer's business practices. Thus, immoral conduct stands out as a key criterion for refusing a license or registration in the industry.