Shows the prospective purchaser and developer, and their legal and financial advisers, how the timeshare system works, how practices vary, how they are financed and how they affect tax. The book deals with the law in the UK and other significant jurisdictions, including the USA and Spain.
Timesharing has become one of the leisure industry's most rapid and attractive developments. At present there are over 1000 property timeshare developments in 35 countries. This third edition is an international guide to the complex laws relating to timesharing. It shows the proposed purchaser, developer and their legal and financial advisers how the timeshare system works, how timesharing schemes are constructed, how they are financed, what difficulties exist and how best they may be overcome. It comments on each area of law as it affects timesharing in the UK and other relevant jurisdictions: U.S.A., France, Spain, Portugal, Italy, Greece, Malta, South Africa and Bermuda. It also considers the taxation implications of timesharing schemes and purchases and indicates the range of plans available and their advantages and disadvantages. It also includes precedents.
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Introduction to timesharing; timesharing in the United Kingdom; the holiday exchange service; protection of a timeshare development; financing and a timeshare development; taxation; overseas timesharing and conflict of laws; timesharing in the U.S.A., France, Spain, Portugal, Italy, Greece, Malta, South Africa and Bermuda. Appendices: lease timeshare scheme; licence timesharing scheme; club company limited by guarantee; club with trustee; NCT/NARELLO model timesharing act; American club condominium timeshare property scheme; statutes of a French timesharing company; regulation of a timesharing scheme under Portuguese law.
International Time Sharing by James Edmonds
Used - Well Read
Sweet & Maxwell Ltd
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