Timeshare unit definition

Timeshare unit means a unit in which time shares exist.

Timeshare unit means a unit in which timeshare estates have been created.

Timeshare unit means an accommodation of a timeshare plan which is divided into timeshare periods. Any timeshare unit in which a door or doors connecting two or more separate rooms are capable of being locked to create two or more private dwellings shall only constitute one timeshare unit for purposes of this chapter, unless the timeshare instrument provides that timeshare interests may be separately conveyed in such locked-off portions.

Examples of Timeshare unit in a sentence

• Borrower does not own any Furnishings or other tangible personal property in any Timeshare Unit located at any Resort.

• Borrower shall perform each and every covenant, agreement, and undertaking applicable to Borrower (whether as Declarant, owner of a Timeshare Interest or Timeshare Unit or otherwise) under each Declaration and each Owner's Association's Articles of Incorporation or By-Laws.

• Borrower shall not sell more than fifty-two (52) Timeshare Interests in any Timeshare Unit.

• Timeshare Unit Vacancies may include, among other things, Timeshare Units returned or recovered for any reason (e.g., cancellation of sale by consumer, foreclosure on Timeshare Interval by Developer or Developer’s factor) and remain unsold and part of the Timeshare Project inventory for resale to a bona fide third-party consumer.

• Borrower shall perform each and every covenant, agreement, and undertaking applicable to Borrower (whether as Declarant, owner of a Timeshare Interest or Timeshare Unit or otherwise) under each Declaration and each Owner’s Association’s Articles of Incorporation or By-Laws.

More Definitions of Timeshare unit

Timeshare unit means any Vacation Ownership Unit that is not a Fractional Unit.

Timeshare unit means a unit in which time- share estates have been created.

Timeshare unit or "unit" means the real property or portion thereof of the property in which the timeshare interval exists or will exist and that is designated for separate use, including campgrounds, campsites, and outdoor recreation sites with spaces designed or promoted for the purpose of locating a trailer, tent, tent trailer, camper, or similar device for land-based portable housing."

Timeshare unit means an accommodation of a timeshare plan which is divided into timeshare periods. Any timeshare unit in which a door

Timeshare unit means a unit in which

Timeshare unit means a part of the Resort which is designated for occupancy in connection with a Timeshare Interest.

Timeshare unit means any accommodation that is 4-15 divided into timeshare periods.