1 TIMESHARE RESALE CONTRACT 1. VENDEUR: Name: Address: 2. ACHAT: Name (s) Address: 3. PROPERTY DESCRIPTION: Resort or club name: Address: Unit number (s): Week number): Vacation Club Points sold: per year plus Vacation Club points are collected. 4. PURCHASE PRICE: $5. BAIL: $6. FINANCEMENT REQUIS: Yes No cash deal 7. THE WEEK UTILISATION (S): The time-sharing unit is as follows for use as of contract date: 9. DEFINS: As used in this contract, “timeshare” refers to any form of property that provides a right to use and occupy a room, apartment, villa, cottage or something similar for a given interval per year, or fixed , depending on the date and place, whether it is not a fee, for a fixed period of years or the number of uses determined under a co-ownership scheme, club plan or otherwise. “Time-sharing unit” refers to the physical space devoted to part-time ownership. “week,” a seven-day period beginning on Friday, Saturday or Sunday at 12 o`clock, depending on the schedule of part-time rates set by the resort or club in accordance with paragraph 3.
Week 1 is the first week that begins after January 1 of each year; The following weeks are numbered successively until week 52 (which extends to the beginning of the following week, point 1). “Holiday club points” are points set as part of a holiday club plan. 10. PURCHASE AGREEMENT: Who agrees to sell and accept (a) to purchase the part-time unit described in paragraph 3, the undivided interest in common items, the use of all personal furniture and items in the time-sharing unit, the right to use and exercise caution in offers to purchase part-time use rights or vacation plans abroad. If you sign a contract outside the U.S. for part-time use or a vacation plan in another country, you are not protected by U.S. law. Do you need papers to close the deal? This timeshare sales contract should be used by both the owner and the buyer for the following: An exchange allows a part-time owner or vacation plan to negotiate units with another owner with an equivalent unit in a resort bound within the system. Here`s how it works: a station promoter has a relationship with an exchange company that manages the service for the station owners.