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 4-17 than a hotel or motel operation, whether by lease, rental 4-18 agreement, license, use agreement or other means,] under which the 4-19 purchaser receives a right to occupy [use an accommodation or 4-20 amenities or both for] a timeshare property [period on a recurring 4-21 basis], but under which the purchaser does not receive an [a 4-22 freehold] estate interest [or an estate for years] in the [a] 4-23 timeshare property.
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Examples of Timeshare use in a sentence

  • Time-share use offerings in hotels, motels and apartment houses were exempt from our jurisdiction before January 1, 1981.

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

  • 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.

  • Time-share use" means any arrangement under which the purchaser receives a right to occupy a time-share property but does not receive a time-share estate.

  • A waiver from Section 38-1272 (a) (5) is granted to allow a maximum building height of 160 feet for the Commercial Timeshare use when located a distance of 25 feet from residential uses.

  • 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.

  • Time-share use, and/or advertisement for time-share use, of an accommodation in violation of this chapter is a threat to public health, safety or welfare and is thus declared to be unlawful and a public nuisance.

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

  • 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.

  • There is an inherent loyalty that comes along in Timeshare use (Membership) because of the familiarity the member-base or the customer has with the brand.Apart from that, the timeshare business or membership as a product does very well during recessionary period.


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

  • Timeshare Property means one or more accommodations subject to the same timeshare instrument, together with any other property or rights to property appurtenant to those accommodations.

  • Portfolio Data means the Key Terms in relation to all outstanding Trades between you and us in a form and standard that is capable of being reconciled. The information comprising the Portfolio Data for Portfolio Data Delivery Date will be prepared as at the close of business New York time on the immediately preceding Business Day.

  • Park model recreational vehicle means a unit that:

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

  • Loan Files means the documents specified in Section 2.1 of the Sale Agreement.

  • Loan File means, with respect to each Loan delivered to the Custodian, each of the Loan Documents identified on the related Loan Checklist.

  • Golf Course means the 18 hole golf course constructed on the Pearl Valley Estate;

  • 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.

  • Receivables Purchase Facility means any securitization facility made available to the Borrower or any of its Subsidiaries, pursuant to which receivables of the Borrower or any of its Subsidiaries are transferred to one or more SPCs, and thereafter to certain investors, pursuant to the terms and conditions of the Receivables Purchase Documents.

  • SPS means ADB's Safeguard Policy Statement (2009);