F. If the delinquencies identified in a notice of delinquency are not cured within thirty days after the association or managing entity mails the notice of delinquency to the delinquent owner under subsection D of this section, the association or managing entity may cause the trustee to conduct a trustee's sale of the delinquent owner's timeshare estate pursuant to sections 33-803.01, 33-804, 33-807, 33-808, 33-809, 33-810, 33-811, 33-812, 33-813 and 33-820, except as otherwise provided in this section. For the purposes of a trustee's sale of a delinquent owner's timeshare estate pursuant to chapter 6.1 of this title:

1. 1. "Contract secured by the trust deed" means a specific owner's obligation to pay delinquent assessments for a specific timeshare estate.
2. 2. "Deed of trust" means a specific owner's obligation for payment of assessments under the timeshare instrument and the lien securing payment of that obligation, however denominated.
3. 3. "Trust property" means the timeshare estate or estates for which a specific owner is delinquent in the payment of assessments.
4. 4. "Trustee" means a person who is qualified to serve as trustee as prescribed by section 33-803 and who is appointed as trustee pursuant to this section or any substitute trustee appointed by the beneficiary in accordance with section 33-804.

I. If fee title to a timeshare estate was acquired by an owner before January 1, 2009, the trustee shall proceed as follows and the owner may prevent a trustee's sale as to that timeshare estate as follows:

1. 1. The notice of delinquency for any timeshare estate acquired by the owner before January 1, 2009 shall include a statement informing the owner of the owner's right to prevent a trustee's sale as to that timeshare estate by returning the form that is described in paragraph 2 of this subsection and that is signed by the owner, by certified mail, return receipt requested, to the trustee and to the association or other managing entity at the addresses stated in the notice of delinquency within thirty days after the association or other managing entity sends the notice of delinquency to the owner.

2. 2. The notice of delinquency shall be accompanied by a form of notice in substantially the following form:

   Notice of Election to Prevent

   Trustee's Sale

   The undersigned, (name(s)) , is (are) the owner(s) of timeshare estate nos. _________ at (timeshare plan name) . The undersigned has received a notice of delinquency dated _______________, ____ from (association or other managing entity) . The undersigned hereby exercises the undersigned's right to prevent a trustee sale of the timeshare estate(s) that was (were) acquired by me (us) before January 1, 2009, pursuant to Arizona Revised Statutes section 33-2211, subsection I.

   Dated: __________________________

   __________________________

   Owner's signature(s)

3. 3. If an owner returns the signed form described in paragraph 2 of this subsection to the trustee and the association or other managing entity as required by paragraph 1 of this subsection, the association or other managing entity and the trustee shall desist from any trustee's sale proceedings with respect to the timeshare estate that was acquired by the owner before January 1, 2009 and described in the notice, but the association or managing entity may continue to use other available remedies to collect delinquent assessments for the timeshare estate. If the owner does not timely return the signed form as prescribed by this subsection, the owner waives any rights under this subsection.

L. For the purposes of this section:

1. 1. "Beneficiary" means the association or other managing entity entitled to collect assessments.
2. 2. "Trustor" means a specific owner who is delinquent in payment of assessments for a timeshare estate or estates.