Resort Condominiums definition

Resort Condominiums means a form of housing tenure and other real property where a specified part of a piece of real estate (usually of an apartment house) is individually owned and rented out for use of persons for less than 30 days while use of and access to common facilities in the piece such as hallways, heating system, elevators, exterior areas is executed under legal rights associated with the individual ownership and controlled by the association of owners that jointly represent ownership of the whole piece.
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Examples of Resort Condominiums in a sentence

  • To the extent Diamond Resorts Entities have entered into written agreements with Resort Condominiums International, LLC, Interval International, Inc.

  • Borrower shall provide Lender with evidence that the Vacation Club is affiliated with Resort Condominiums International, LLC, which affiliation encompasses the Timeshare Projects.

  • Borrower shall provide Lender with evidence that the Vacation Club is affiliated with Resort Condominiums International, LLC as of the Effective Date, which affiliation encompasses the Encumbered Timeshare Product.

  • La Compañía, con oficinas registradas ubicadas en Twenty-Two ▇▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ EE.UU., es la única responsable por la administración del Plan y de la participación en el mismo y, la adquisición de Acciones no establece de forma alguna, una relación de trabajo entre Ud. y la Compañía, ya que la participación en el Plan por su parte es completamente comercial y el único patrón es Resort Condominiums International de México, S.

  • The Company, with registered offices at ▇▇ ▇▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇, U.S.A., is solely responsible for the administration of the Plan and participation in the Plan and, in the Grantee’s case, the acquisition of shares of Stock does not, in any way, establish an employment relationship between the Grantee and the Company since the Grantee is participating in the Plan on a wholly commercial basis and the sole employer is Resort Condominiums International de México, S.

  • To the extent any of Holdings, Polo Holdings, the Borrower and the other Subsidiaries have entered into written agreements with Resort Condominiums International, Interval International or other exchange networks, each such party and its Subsidiaries are members and participants pursuant to validly executed and enforceable written agreements in such exchange networks, as applicable.

  • Borrower and its Subsidiaries are members and participants, pursuant to validly executed and enforceable written agreements in Resort Condominiums International, L.L.C.

  • Each Venture shall negotiate an exchange agreement with Resort Condominiums International ("RCI") pursuant to which owners of Vacation Ownership Interests at each such Venture's Vacation Resorts shall have exchange rights to use Vacation Ownership Interests at the Vacation Resorts represented by RCI.

  • Borrower is a member and ----------------------------------- participant, pursuant to a validly executed and, to the best of Borrower's knowledge, enforceable agreement in writing, in Resort Condominiums International, Inc.

  • In order to perform our duties under this contract, it is necessary for us to share your personal information with certain third-party companies, these companies include the resort trustees, various exchange companies such as Resort Condominiums International, Interval International and Worldwide Timeshare Exchange and any other party which is required to complete the transfer ownership.

Related to Resort Condominiums

  • Resort complex means the hotel, convention centre/theatre restaurant, exhibition centre, recreation and other facilities and the Burswood Casino established or to be established on the Site pursuant to and in accordance with the provisions of this Agreement and includes, if and when constructed, Stage 2 but does not include, on and from the date specified in an order made under section 21F(1b) of the Control Act, any of the foregoing which are by the order excluded from the operation of this Agreement;

  • Condominium means a common interest community in which portions of the real estate are designated for separate ownership and the remainder of the real estate is designated for common ownership solely by the owners of those portions. A common interest community is not a condominium unless the undivided interests in the common elements are vested in the unit owners.

  • Condominium project Real estate including the separate ownership in fee, or on a satisfactory leasehold estate, of a particular residential unit with an indivisible interest in the real estate designated for common ownership strictly by unit owners.

  • Condominium Plan means a plan described in Section 4285.

  • Condominium Property means the lands, leaseholds, and personal property that are subjected to condominium ownership, whether or not contiguous, and all improvements thereon and all easements and rights appurtenant thereto intended for use in connection with the condominium.