Timeshare condominium definition

Timeshare condominium means a condominium in which any unit is a “timeshare unit” as defined in Section 721.05, F.S.

Examples of Timeshare condominium in a sentence

  • Timeshare condominium associations may not claim non-profit status for federal income tax purposes under current regulations.

  • Examples: Resorts, Motels, Casino, B&B, Commercial, Suite, Time-share condominium, etc.

  • Timeshare condominium associations are permitted to use general or limited proxies, require the use of general or limited proxies, or require the use of a written ballot or voting machine for any agenda item or election at any meeting of a timeshare condominium association.

  • Timeshare condominium sales license - this is a special federal securities license required by anyone, licensees included, who sell timeshare condominiums.

Related to Timeshare condominium

  • Mortgage-backed security means a security issued by the authority which is secured by residential mortgage loans owned by the authority.

  • Land means the land described in Exhibit A.