Time share is a type of property right under which the purchaser of a time share has access to the 'share' they own in a property for a specific 'time'. Time-shares have been sold for cruises, recreational vehicles, campgrounds, and many other types of properties, but their most popular use is for shares in condominiums at timeshare resorts.
A Warranty Deed s provides the most protection against defects of title- covenants that the grantor has title to, and the power to convey, the property; that the buyer will not be disturbed in possession of the land; and that transfer is made without unknown adverse claims of third parties. A Special Warranty Deed only that the grantor held good title during his or her ownership of the property, not that there were no title defects when others owned it. If all liens and encumbrances are disclosed, the seller is not liable if a third person interferes with the buyer's ownership.
This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
A Broward Florida Deed to Time Share Condominium with Covenants of Title is a legal document that signifies the transfer of ownership rights for a time-share condominium property located in Broward County, Florida. This type of deed ensures the buyer's rights and protections associated with ownership. Keywords: Broward Florida, Deed to Time Share Condominium, Covenants of Title, ownership rights, time-share condominium, transfer of ownership, Broward County. There are different types of Broward Florida Deeds to Time Share Condominium with Covenants of Title based on various factors such as the type of time-share ownership and the specific covenants outlined in the deed. Some notable types may include: 1. Fixed Week Time Share Condominium: This type of deed designates a specific week or weeks during the year that the owner has exclusive access to the time-share unit. The covenants of title may enforce strict adherence to the designated time period and any related rules and regulations. 2. Floating Week Time Share Condominium: With this deed, the owner has the flexibility to choose a different week each year within a specified range. The covenants of title may detail the procedures and restrictions for reserving and utilizing the time-share unit. 3. Points-Based Time Share Condominium: In this type of deed, the owner is allocated a certain number of points annually, which can then be exchanged for time at various affiliated resorts or condos. The covenants of title may outline the guidelines for point allocation, usage, and reservations. 4. Right-to-Use Time Share Condominium: This type of deed grants the owner the right to use the time-share unit for a specific period, usually for a certain number of years. The covenants of title may specify the lease term and any associated obligations or restrictions. It's important to note that these are just a few examples of the different types of deeds available for time-share condominium properties in Broward County, and each may have unique covenants and terms specific to its arrangement. It's advisable for potential buyers to thoroughly review the deed and consult with legal professionals to fully understand their rights and obligations as time-share owners.A Broward Florida Deed to Time Share Condominium with Covenants of Title is a legal document that signifies the transfer of ownership rights for a time-share condominium property located in Broward County, Florida. This type of deed ensures the buyer's rights and protections associated with ownership. Keywords: Broward Florida, Deed to Time Share Condominium, Covenants of Title, ownership rights, time-share condominium, transfer of ownership, Broward County. There are different types of Broward Florida Deeds to Time Share Condominium with Covenants of Title based on various factors such as the type of time-share ownership and the specific covenants outlined in the deed. Some notable types may include: 1. Fixed Week Time Share Condominium: This type of deed designates a specific week or weeks during the year that the owner has exclusive access to the time-share unit. The covenants of title may enforce strict adherence to the designated time period and any related rules and regulations. 2. Floating Week Time Share Condominium: With this deed, the owner has the flexibility to choose a different week each year within a specified range. The covenants of title may detail the procedures and restrictions for reserving and utilizing the time-share unit. 3. Points-Based Time Share Condominium: In this type of deed, the owner is allocated a certain number of points annually, which can then be exchanged for time at various affiliated resorts or condos. The covenants of title may outline the guidelines for point allocation, usage, and reservations. 4. Right-to-Use Time Share Condominium: This type of deed grants the owner the right to use the time-share unit for a specific period, usually for a certain number of years. The covenants of title may specify the lease term and any associated obligations or restrictions. It's important to note that these are just a few examples of the different types of deeds available for time-share condominium properties in Broward County, and each may have unique covenants and terms specific to its arrangement. It's advisable for potential buyers to thoroughly review the deed and consult with legal professionals to fully understand their rights and obligations as time-share owners.
