Timeshare Act definition

Timeshare Act means any statute, act, regulation, ordinance, rule or law applicable to the establishment and operation of the Resorts and the sales of the Intervals.
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Timeshare Act means the applicable timeshare act, statute and regulations in each jurisdiction in which a Resort is located, including, without limitation, Arizona, Nevada, Indiana, Colorado and Mexico.
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Timeshare Act means the "Florida Vacation Plan and Timeshare Act" Chapter 721, Florida Statutes (2006, as amended).
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Examples of Timeshare Act in a sentence

  • That became subject to the Vacation Ownership and Time-share Act of 2004 on or before January 1, 2019.

  • An owner’s policy or Loan Policy may be issued for a timeshare of property situated in this state, provided that a timeshare instrument is recorded pursuant to the Oregon Timeshare Act.

  • Any registration statement required under any Timeshare Act approving the establishment and operation of the Resorts and the sales of Intervals.

  • Borrower shall not market, attempt to sell or sell or permit or justify any sales or attempted sales of any Intervals except in compliance with the Timeshare Act and applicable laws in state and other jurisdictions where marketing, sales or solicitation activities occur.

  • In exceptional circumstances the Commissioner may approve a trustee other than a trust company as defined in Section 107 of the Financial Code.2807.4. Qualified Budget Certification.The Budget Review Section of the Bureau of Real Estate is considered qualified pursuant to Section 11240(f)(3) to determine whether budgets of time-share plans meet the requirements of the Vacation Ownership and Time-share Act of 2004.

  • Each Resort has been established and dedicated, and is and will remain, a time-share plan and project in full compliance with all applicable laws and regulations, including without limitation, the Timeshare Act.

  • An exchange company registered under the Real Estate Timeshare Act of 1999 and the regular employees of that registered exchange company but only when conducting an exchange program as defined in that Act.

  • All other provisions of the Timeshare Act apply to real estate brokers and salespersons offering timeshares for sale.(3) A natural person may be registered as a timeshare salesperson while licensed as a real estate broker or salesper- son.

  • The Project in which such Unit is located has been approved by the applicable Division as a timeshare project and has been established and dedicated as a timeshare project in full compliance with all applicable Legal Requirements, including without limitation, the applicable Timeshare Act in a manner that Borrower’s failure to so comply would not be reasonably expected to result in a Material Adverse Change.

  • Borrower shall not market, attempt to sell or sell or permit or justify any sales or attempted sales of any Timeshare Interests except in compliance with the applicable Timeshare Act and all applicable Legal Requirements in each other jurisdiction where marketing, sales or solicitation activities occur in a manner that Borrower’s failure to so comply would not be reasonably expected to result in a Material Adverse Change.


More Definitions of Timeshare Act

Timeshare Act means with respect to each Eligible Project, the statutes and regulations related to timeshare development and sales of the jurisdiction where such Eligible Project is located, as they may be amended from time to time.
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Timeshare Act means, collectively, those certain timeshare acts or other laws, if any, as the same may be amended from time to time, and any rules and regulations promulgated thereunder, and any subsequent statutes that may be enacted pertaining to the development, establishment, existence, or operation of interval ownership, timeshare membership or vacation ownership or membership resorts or any matter whatsoever relating thereto in the states where each of the Resorts are located, including, but not limited to, Nevada, Illinois, Missouri and Texas.
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Timeshare Act means any and all laws governing timeshares as enacted in the State in which the Component Sites are located.
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Timeshare Act means the applicable state statute or other law in the state or other jurisdiction in which a Project is located which governs the creation and regulation of timeshare projects in such state, as it may be amended. Timeshare Approvals means all approvals, registration and licenses required from governmental agencies in order to sell Timeshare Interests and offer them for sale, to operate the Projects as timeshare projects, to make Timeshare Loans and to own, operate and manage the Projects, including without limitation, the registrations/consents to sell, the final subdivision public reports/public offering statements and/or prospectuses and approvals thereof required to be issued by or used in the jurisdiction where the applicable Project is located and other jurisdictions where Timeshare Interests have been offered for sale or sold.
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Timeshare Act means the Florida Vacation Plan and Timeshare Act, Chapter 721 of the Florida Statutes.
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Related to Timeshare Act

  • 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.

  • 2012 Act means the Health and Social Care Act 2012;

  • POPI Act means the Protection of Personal Information Act, Act 4 of 2013;

  • SEBI Act or “Act” means the Securities and Exchange Board of India Act, 1992;

  • Delaware Act means the Delaware Revised Uniform Limited Partnership Act, 6 Del C. Section 17-101, et seq., as amended, supplemented or restated from time to time, and any successor to such statute.

  • MERS Mortgage Electronic Registration Systems, Inc., a corporation organized and existing under the laws of the State of Delaware, or any successor thereto.

  • Regulation AB means Subpart 229.1100 – Asset Backed Securities (Regulation AB), 17 C.F.R. §§229.1100-229.1125, as such rules may be amended from time to time, and subject to such clarification and interpretation as have been provided by the Commission or by the staff of the Commission, or as may be provided by the Commission or its staff from time to time, in each case as effective from time to time as of the compliance dates specified therein.

  • Mortgage Loan Seller Sub-Servicer A Sub-Servicer required to be retained by the Master Servicer by a Mortgage Loan Seller, as listed on Exhibit S to this Agreement, or any successor thereto.

  • Public Service Act ’ means the Public Service Act, 1994 (Proclamation No. 103 of 1994);

  • Purchased Items shall have the meaning assigned thereto in Section 8 hereof.

  • Plan Asset Regulations means 29 CFR § 2510.3-101 et seq., as modified by Section 3(42) of ERISA, as amended from time to time.

  • Retained Mortgage Loan File A file for each Mortgage Loan maintained by the Servicer prior to any Document Transfer Date and by the Custodian after any Document Transfer Date that contains the documents specified in Section 2.01(b) of the Pooling and Servicing Agreement and any additional documents required to be added to the Retained Mortgage Loan File pursuant to the Pooling and Servicing Agreement.

  • Bulk Consumer means a consumer such as the Departments of Central Government like Railways, Defense, Telecom, Posts and Telegraph, the Department of State Government, the Undertakings, Boards and other agencies or companies who purchase hundred or more than hundred batteries per annum.

  • Securities Transfer Act means the Securities Transfer Act (British Columbia) from time to time in force and all amendments thereto and includes all regulations and amendments thereto made pursuant to that Act.

  • Purchased Mortgage Loans means the collective reference to Mortgage Loans sold by Seller to Buyer in a Transaction hereunder, listed on the related Mortgage Loan Schedule attached to the related Transaction Request, which such Mortgage Loans the Custodian has been instructed to hold pursuant to the Custodial Agreement.

  • FOI Act means the Freedom of Information Xxx 0000 and any subordinate legislation made under this Act from time to time together with any guidance and/or codes of practice issued by the Information Commissioner in relation to such legislation;

  • LLC Act means the Delaware Limited Liability Company Act, as amended.

  • Trust Indenture Act means the Trust Indenture Act of 1939, as amended.

  • 2000 Act means the Local Government Act 2000;

  • Subserviced Mortgage Loan Any Mortgage Loan that, at the time of reference thereto, is subject to a Subservicing Agreement.

  • 1990 Act means the Companies Act 1990.

  • B-BBEE Act means the Broad-Based Black Economic Empowerment Act, 2003;

  • the 2012 Act means the Health and Social Care Act 2012

  • FMC Act means the Financial Markets Conduct Act 2013.

  • Liquor Act means the Liquor Act 2007 and any regulation made under the Liquor Act 2007. Any reference to a provision of the Liquor Act includes a reference to the same or similar provision in any legislation replacing, amending or modifying the Liquor Act however that provision may be amended in that legislation.