Timeshare use definition

Timeshare use means the use of one or more accommodations or any part thereof, pursuant to a timeshare plan.
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Timeshare use means any arrangement under which the purchaser receives a right to occupy a timeshare property, but under which the purchaser does not receive an estate interest in the timeshare property.
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Timeshare use means any arrangement [other than a hotel or motel operation, whether by lease, rental agreement, license, use agreement or other means,] under which the purchaser receives a right to occupy [use an accommodation or amenities or both for] a timeshare property [period on a recurring basis], but under which the purchaser does not receive an [a freehold] estate interest [or an estate for years] in the [a] timeshare property.
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Examples of Timeshare use in a sentence

  • Time-share use offerings require title be protected in trust, as further discussed herein under Trusts.

  • If you do not have a copy of the timeshare calendar, we will be happy to mail a copy to you, or you can view it online under the “ M e m b e r s ” s e c t i o n a t www.innatmaz.com ★ REMINDER: Unless you have purchased an INN CLUB PREMIER (ICP) PROGRAM, Timeshare use is al w a y s Monda y to Monda y.

  • Timeshare use plan is any arrangement, excluding normal hotel operations, whether by membership agreement, lease, rental agreement, license, use agreement, security, or other means, whereby a person receives the right to use but not an ownership interest in a condominium unit, room, or suite of rooms in a timeshare building.

  • This higher fee could then be used as a basis for creating similar daily fees for STR and Timeshare use of the beaches, which may therefore limit some of the excessive use by these groups.

  • Timeshare use: Buyer only receives right to use property, and does not share in costs or profits/appreciation.

  • Timeshare use form 18754th Legislature, 2nd Regular Session 42-13454.


More Definitions of Timeshare use

Timeshare use means the right to occupy a timeshare property that is not coupled with an estate in real property. END_STATUTE
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Related to Timeshare use

  • Timeshare or "timeshare property" means real property

  • Mortgage loan originator means any institution which originated a Mortgage Loan for a related Borrower.

  • Program Staff means a person employed by the local program who is knowledgeable in a particular subject matter. For the purposes of the complaint process, program staff may not be involved in a specific complaint prior to the receipt of the complaint or the request for a review of the complaint.

  • Receivables means the Accounts, Chattel Paper, Documents, Investment Property, Instruments and any other rights or claims to receive money which are General Intangibles or which are otherwise included as Collateral.