International timesharing:
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
London
Longman
1991
|
| Ausgabe: | 3. ed. |
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Beschreibung: | XXVI, 662 S. |
| ISBN: | 0851217060 |
Internformat
MARC
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| 245 | 1 | 0 | |a International timesharing |c James Edmonds |
| 250 | |a 3. ed. | ||
| 264 | 1 | |a London |b Longman |c 1991 | |
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| 650 | 7 | |a Multipropriété - Droit |2 ram | |
| 650 | 4 | |a Recht | |
| 650 | 4 | |a Timesharing (Real estate) |x Law and legislation | |
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Datensatz im Suchindex
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|---|---|
| adam_text | Contents
Foreword iii
Table of Cases xiii
Table of Statutes xviii
Chapter One: Introduction to timesharing 1
Background 1
Factors leading to growth of timeshare industry 1
Statistics 3
Image 3
Aims of this work 4
The concept of timesharing 6
Advantages 7
Disadvantages 8
The developer 10
Definition 11
Development of timeshare law 12
Variation of timesharing plans 14
Chapter Two: Timesharing in the UK 18
Co ownership and timesharing 18
1 Club plans 19
2 Licences 20
3 Leases 20
4 Company plans 20
5 Property bonds 20
Planning permission 21
ETB guidance 21
Legislative provisions 21
Timeshare holiday leases 27
Lease or licence? 28
Assured tenancies 28
Protection for the timeshare purchaser 29
Maintenance 31
Service charges 34
Shares in the management company 35
Timeshare holiday licences 36
Land registration 41
1 Registered or registrable interests 41
2 Overriding interests 42
3 Minor interests 42
Notices 43
vi Contents
Cautions 43
Inhibitions 44
Restrictions 44
Timesharing club plans 44
Unincorporated members clubs 45
Incorporated members clubs 51
Proprietary clubs 53
Corporate plans 54
Property bonds 55
The management contract 58
The marketing contract 61
The need for a procedures manual 61
Parties, governing law and disputes 61
Tax and exchange control 62
Provision of facilities by the developer 62
Accounting and records 63
Marketing methods and controls 63
Duration extent and termination 64
Conclusion 65
Chapter Three: Protection of a timeshare purchaser 66
Trade protection 67
The OFT report 69
OFT proposals for self regulation 74
Relevant legislation 77
Unfair Contract Terms Act 1977 77
Misrepresentation Act 1967 77
Trade Descriptions Act 1968 78
Control of Misleading Advertisements Regulations 1988 80
Consumer Protection Act 1987 80
Financial Services Act 1986 81
Investments 81
Activities constituting investment business 83
Data Protection Act 1984 84
Fair Trading Act 1973 86
Consumer Credit Act 1974 87
Estate Agents Act 1979 88
Lotteries and Amusements Act 1976 89
Title insurance 89
The timeshare trustee and the timeshare owners 89
Special duty of care 89
Trustees right to indemnity 91
Role of trustee or escrow agent 91
Independent specialist trustees 93
Advice for the timeshare purchaser 94
Conclusion 99
Chapter Four: The holiday exchange service 100
Interval International (II) ]01
Deposit First 101
Request First 102
Interval s Colour Codes and Sleeping Capacities 103
Flexchange 103
Alternate week exchange 104
Contents vii
Exchange communication 104
Resort affiliation procedures 105
Interval contract 107
Resort Condominiums International Inc (RCI) 108
Standard of affiliation 109
Developer obligations 109
Marketing and sales support 110
Enrolment of members 110
The mechanics of the RCI exchange system 110
Exchange cancellations 111
How successful are the exchange systems? 112
Does exchange network size matter? 112
Other exchange possibilities 112
Consumer liability in England 113
Tour operators and travel agents 113
Conclusion 119
Chapter Five: Financing and a timeshare development 120
Effects of the Consumer Credit Act 1974 124
Debtor creditor supplier ( DCS ) agreement (s 12) 124
Debtor creditor ( DC ) agreement (s 13) 124
Restricted and unrestricted use credit (s 11) 124
Credit broker (s 145) 125
Linked transaction (s 19) 125
Multiple agreement (s 18) 125
Negotiator (s 56) 125
Cancellable agreement (s 67) 125
The need for a Consumer Credit Act licence 126
Formalities relating to a Consumer Credit Act agreement 127
Timeshare purchaser s right of cancellation 127
Finance company liability 129
Charge cards and credit cards 130
Recovery of possession of the timeshare 130
Chapter Six: Taxation 132
Value added tax 133
1 Supply of goods or services 133
2 Taxable supply 133
3 Tax must be chargeable on the taxable supply 134
4 Supply must be by a taxable person 135
Further provisions of VATA 1983 135
Zero rating 136
VAT and pic timesharing plans 138
VAT registration 139
Corporation tax 140
Calculation of profit 140
Companies incorporated abroad 141
Capital gains tax, income tax and inheritance tax 146
Capital gains tax 146
Other considerations 146
Inheritance tax 147
Income tax 148
Corporate purchasers 149
Rates and community charge ( poll tax ) 151
viii Contents
Chapter Seven: Overseas timesharing and conflict of laws 153
The proper law of the contract 153
Interests in land 156
Mandatory clauses 158
Procedure and substance 159
Foreign law as fact 159
Renvoi 161
Jurisdiction 161
Special jurisdiction 164
Branches, agencies and other establishments 165
Rosier v Rottwinkel 167
States outside the Brussels Convention 168
RSC, Order 11 170
Conclusion 172
Chapter Eight: Timesharing in the USA 174
Fee interests 174
Tenancy in common 175
Interval ownership 175
Estate for years 176
Right to use 176
Vacation leases 176
Vacation licences 177
Club membership 177
State activity 178
The Alda/Narello Model Act 1979 179
The Alda/Narello Model Act 1983 179
Timeshare abuses 182
Property taxes 185
Resale of timeshares 186
Federal activity 187
Internal Revenue Service 187
Federal Trade Commission 189
Department of Housing and Urban Development 191
Classification of timeshares as securities 191
Conclusion 194
Chapter Nine: Timesharing in France 196
Ownership and timesharing under French law 196
Concept of time 197
Co ownership 197
Real right of use 198
Timesharing based on a corporate structure 198
Scope of the 1986 Law 199
Constitution of the company 200
Structure of the company 200
Objects of the company 201
Company capital 202
Required legal documents 202
Functioning of a company governed by the 1986 Law 203
Implementation of the company s objects 203
Administration of a timesharing company governed by the 1986 Law 206
Management 206
Shareholders meetings 206
Contents ix
Control organs of the company 208
Legal status of shareholders and the transfer of shares 208
Tax regime of companies under the 1986 Law 211
Taxation of the shareholders 212
The tax regime applicable to the transfer of shares 212
The club trustee system, adapted for French conditions 212
Limiting the consumer s risk 213
The function of the trustee 213
Legal problems 213
A possible solution 214
Guarantees to the purchaser 215
Creation of a Societe Civile for French members 216
Tax regulations and the club trustee system in France 218
Company tax 219
VAT on the sale of membership certificates or shares 221
VAT on other services 221
CGI, art 990D 3 per cent tax 221
Fiscal control 222
Club trustee system incorporating a Societe Civile in France 222
Timesharing concepts linked with property purchase on a
co ownership basis 223
Taxation of tourist resorts 224
Propriete nouvelle and prepropriete 224
Propriete nouvelle 224
Prepropriete 225
Nota 226
Chapter Ten: Timesharing in Spain 227
Spanish law and timesharing 227
Real rights 227
Ownership 228
Transfer of immovable property 230
Appointment of an abogado 233
Joint ownership and timesharing 234
Horizontal property and timesharing 237
Quotas of participation 237
Ownership rights 238
Constitution of the system of horizontal property 239
Title deed 239
Administration 240
Taxation 241
Taxes on immovable property 241
Taxes on the transmission of immovable property 242
Foreign investment and exchange control regulations 246
Condominium system 49
Ownership quotas *
Administration 250
Renunciation of the right of pre emption 251
Impracticability of the action of division 252
Inclusion of furniture
Accessibility of the Land Registry 255
Club system ~
Legislation affecting foreign operators 257
The draft timeshare law 258
x Contents
The principle of the law 258
The prospectus 259
The contract 259
The management compan 259
The legal structure 259
Chapter Eleven: Timesharing in Portugal 261
Real rights in Portuguese law 261
Legislation 261
Function of the [.and Registry 265
Comparison between timesharing and other similar real rights 266
Right of ownership and timesharing 266
Right of usufruct and timesharing 267
Horizontal property and timesharing 268
Portuguese timeshare law 268
Real rights under Decree No 130/89 269
Taxation and real rights 272
Management and real rights 273
Contractual timeshare schemes 274
Conclusion 276
Chapter Twelve: Timesharing in Australasia, Bermuda, Greece, Italy,
Malta and South Africa 277
Australasia 277
Legal context 278
Law of timeshare development 278
Law of timeshare selling 280
Conclusion 283
Bermuda 283
Greece 285
Timeshare legal title 285
Real rights in Greek law 285
Frontier areas restrictions on real rights 286
Timeshare legislaton 288
Greek law and the club trustee system 297
Structuring a timeshare scheme in a frontier area resort 298
Alternative timesharing methods 300
Italy 303
Formalities for the purchase of a timesharing unit 306
Exchange control regulations 306
Malta 306
South Africa 313
Share block schemes and the Share Blocks Control Act 315
Sectional title schemes and the Sectional Titles Act 318
Property Timesharing Control Act 320
Miscellaneous legislation 323
Fiscal implications 323
Conclusion 325
Appendix A: Club scheme documentation 327
Appendix B: Documentation for an American club condominium timeshare
property scheme 373
|
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| discipline | Rechtswissenschaft |
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| spelling | Edmonds, James Verfasser (DE-588)128761210 aut International timesharing James Edmonds 3. ed. London Longman 1991 XXVI, 662 S. txt rdacontent n rdamedia nc rdacarrier Chalets - Droit Multipropriété - Droit Multipropriété - Droit ram Recht Timesharing (Real estate) Law and legislation Vacation homes Law and legislation Teilzeitbeschäftigung (DE-588)4078190-2 gnd rswk-swf Recht (DE-588)4048737-4 gnd rswk-swf Rechtsvergleich (DE-588)4115712-6 gnd rswk-swf Großbritannien (DE-588)4022153-2 gnd rswk-swf Großbritannien (DE-588)4022153-2 g Teilzeitbeschäftigung (DE-588)4078190-2 s Recht (DE-588)4048737-4 s DE-604 Rechtsvergleich (DE-588)4115712-6 s HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=004066977&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Edmonds, James International timesharing Chalets - Droit Multipropriété - Droit Multipropriété - Droit ram Recht Timesharing (Real estate) Law and legislation Vacation homes Law and legislation Teilzeitbeschäftigung (DE-588)4078190-2 gnd Recht (DE-588)4048737-4 gnd Rechtsvergleich (DE-588)4115712-6 gnd |
| subject_GND | (DE-588)4078190-2 (DE-588)4048737-4 (DE-588)4115712-6 (DE-588)4022153-2 |
| title | International timesharing |
| title_auth | International timesharing |
| title_exact_search | International timesharing |
| title_full | International timesharing James Edmonds |
| title_fullStr | International timesharing James Edmonds |
| title_full_unstemmed | International timesharing James Edmonds |
| title_short | International timesharing |
| title_sort | international timesharing |
| topic | Chalets - Droit Multipropriété - Droit Multipropriété - Droit ram Recht Timesharing (Real estate) Law and legislation Vacation homes Law and legislation Teilzeitbeschäftigung (DE-588)4078190-2 gnd Recht (DE-588)4048737-4 gnd Rechtsvergleich (DE-588)4115712-6 gnd |
| topic_facet | Chalets - Droit Multipropriété - Droit Recht Timesharing (Real estate) Law and legislation Vacation homes Law and legislation Teilzeitbeschäftigung Rechtsvergleich Großbritannien |
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