HOST MEMBERS Sample Clauses

HOST MEMBERS. I. HOME REPRESENTATIONS (1) As a Host Member, you warrant that the representation of your home(s) on the Club website accurately depicts your property, facilities, services and amenities on offer through the description and photographs you provide to THIRDHOME. You likewise warrant and represent that all photographic images are current, and that they accurately portray your property’s current condition. Moreover, you represent that you have the rights or the requisite consent to use the images in this manner. It is the policy of THIRDHOME, in appropriate circumstances, to terminate the accounts of Members or users who repeatedly post images that are the protected property of others or who are repeatedly charged with copyright infringement. (2) The value of a Member’s residence, Seasonality and Club Demand determine the number of Keys that a Host Member will receive when making a Deposit to the Exchange. Therefore, all Members agree to accurately represent the current value of any property submitted for approval. The value of any residence is defined as the current projected sales price for the property according to a qualified estimate based on recent comparable sales in the surrounding location. (3) THIRDHOME retains the right to adjust a Member’s property value should THIRDHOME determine the value of the property is over or under-represented in the Club based upon the factors set forth in subsection (2) immediately above. THIRDHOME retains the right to terminate a Membership as well as to revoke any Keys or fee credits in a Member account, in the event of a misrepresentation. (4) The attractiveness and completeness of a Member’s property page listing directly impacts the property’s appeal to other Members. Accordingly, THIRDHOME reserves the right to request that a Member add or replace photographs or enhance their property profile details to enhance its appeal. Failure to do so can result in a temporary suspension of Club privileges or termination of Membership.
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