1. Except as otherwise provided in subsection 2 and subject to the provisions of the time-share instrument and other provisions of law, a developer may, with the prior approval of the Division, relocate the boundaries between adjoining units by amending the provisions of the time-share instrument and any recorded map or plat relating thereto.
2. A developer may relocate the boundaries between adjoining units without the prior approval of the Division if:
(a) The relocation is necessary to comply with the law; or
(b) No time share attributable to either of the adjoining units is owned by a purchaser.