Timeshare Resale Contract Template

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TIMESHARE RESALE CONTRACT
1. SELLER: Name(s)___________________________________________________________
Address:________________________________________________________________
2. BUYER: Name(s)____________________________________________________________
Address:________________________________________________________________
3. PROPERTY DESCRIPTION:
Resort or Club name:____________________________________________________________
Address:______________________________________________________________________
Unit number(s):_______________________
Week number(s):___________________
Vacation Club points being sold:_________ per year plus _________ Vacation Club points
accumulated.
4. PURCHASE PRICE: $__________________
5. DEPOSIT: $_______________
6. FINANCING REQUIRED: Yes____ No ______ Cash Deal _______
7. USE OF WEEK(S): Timeshare unit is next available for Buyer's use in 200__.
8. DATE OF CONTRACT: _______________
9. DEFINITIONS: As used in this contract, "timeshare" shall mean any form of ownership
providing a right to use and occupy a room, apartment, villa, cottage or the like for a specified
interval each year, either fixed or varied as to date and place, whether of not such ownership is in fee
simple, for a fixed term of years or number of uses, established as part of a condominium regime,
club plan or otherwise. "Timeshare unit" shall mean the physical space dedicated to timeshare
ownership. "Week" shall mean a seven-day period commencing on noon Friday, Saturday or
Sunday, depending upon the timeshare plan established by the resort or club listed in paragraph 3.
Week number 1 is the first week commencing after January 1 of each year; subsequent weeks are
numbered consecutively through week number 52 (which shall extend until the commencement of
the following week number 1.) "Vacation club points" shall mean the points established as part of a
vacation club plan.
10. PURCHASE AGREEMENT: The Seller agrees to sell and the Buyer agrees to buy (a) the
timeshare unit described in paragraph 3, the allocated undivided interest in the common elements,
the use of all furniture and personal property in the timeshare unit, the right to use and occupy the
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