Timeshare use definition

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.

Timeshare use means the use of one or more accommodations or any part thereof, pursuant to a timeshare plan.

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.

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