As used in this chapter:
means, in the case of any given property, any person or entity which is in the business of creating or which is in the business of selling its own time share intervals in any time share project.
means all of the real property subject to a project instrument.
means one or more natural persons, corporations, partnerships, associations, trusts, other entities or any combination thereof.
means one or more recordable documents applicable to the whole project by whatever name denominated, containing restrictions or covenants regulating the use, occupancy or disposition of an entire project, including any amendments to the documents, but excluding any law, ordinance or governmental regulation.
means any person other than a developer or lender who acquires an interest in a time share interval.
is a right of occupancy in a time share project which is coupled with an estate in the real property.
means any document by whatever name denominated, creating or regulating time share projects, but, excluding any law, ordinance or governmental regulation.
means a time share estate or a time share use.
is one in which a purchaser receives the right in perpetuity, for life, or for a term of years, to the recurrent, exclusive use or occupancy of a lot, parcel, unit, or segment of real property, annually or on some other periodic basis, for a period of time that has been or will be allotted from the use or occupancy periods into which the project has been divided.
is a license, contractual or membership right of occupancy in a time share project which is not coupled with an estate in the real property.
means each portion of the real property or real property improvement in a project which is divided into time share intervals.
(Ord. 83-8 §1)