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The legal concept of timeshare contract (Comparative study) | ||
| AL- Mouhakiq Al-Hilly Journal for legal and political science | ||
| Article 1, Volume 7, Issue 2, 2015, Pages 224-291 | ||
| Author | ||
| Hadi Hussein al-Kaabi andSalam Abdul-Zahra al-FatlawiandAhmed Abdul Hussein al-Yasiri | ||
| Abstract | ||
| Recently featured a lot of formulas contract that did not exist in practice , due to the evolution that has occurred in all areas of life , and this requires research and study these formulas contractual and their compatibility with the legal provisions established in the general rules , whether in contract theory or in contracts Unnamed , and these contractual formulas timeshare contract , which appeared in the field of tourism. It is based contract on the idea that the investment of time to distribute the utilization of residential unit in the tourist places on more than one person , and aims to involve the largest number of people to take advantage of the housing units in the tourist places to spend the holidays or vacations or seasons religious , rather than to buy ( the beneficiary ) housing units not used unless a specific time of the year and the price may be a heavy price for being held without justification for their use for a month or more, or strive to look for housing units in the seasons of tourism rented it finds , it contracted with the owner of the unit residential property for the purpose of enjoying the right of residence in these real estate unit for a limited time each year may be one or two weeks or more for many years up to twenty or thirty years or more , while other contractors benefit from the rest of the time in a year. The most important characteristic of this new contract that legally blending component location ( residential unit ) and the element of time represented by ( time share ) in which the beneficiary can use the real estate unit during the course of the year and over the course of several years. Whether it is the right of the beneficiary of a timeshare is right for permanent or right temporary , the beneficiary does not benefit residential unit throughout the year , but alternating the use with the rest of the beneficiaries on the same unit throughout the year in the light of the quota prescribed time for each beneficiary , so we find some people call this decade Label ( contract or the right of residence alternately ). | ||
| Keywords | ||
| The timeshare contract on the idea that the investment of time to benefit from the distribution of residential unit in the tourist places on more than one person; and aims to involve the largest number of people to benefit from the housing units in the tourist places to spend the holidays or religious holidays or seasons | ||
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