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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'. May 24, 2023 — A New York deed with full covenants provides the new owner a complete warranty of title made up of five covenants of title given by the seller:.The deed includes several covenants of title, which are promises made by the seller to the buyer to ensure that the title to the property is clear and free from ... (o)State of title. (1) Describe in detail the present state of title to the timeshare property and property outside the immediate timeshare regime which ... This form is available on Westlaw. Easily search more than 600,000 legal forms to find the exact form you need. Please visit our site to learn more and request ... The project declaration should include a three-dimensional legal description, which will allow for the creation of units that can be further subdivided by the ... Dec 20, 2021 — Developers purchase or build one or more condominium-type units and complete the required legal steps in order to sell brief time-period stays ( ... Deeds of Trust means any deed of trust executed and delivered by a Purchaser encumbering all of the right, title and interest of each such Purchaser in and to ... The most common approach in the United States is to submit all of the developer's fee simple title in the property to a timeshare regime. Under this approach,. by PJ Rohan · 1984 · Cited by 19 — For example, section 339-i of New York's Condominium Act states in part: The common elements shall remain undivided and no right shall exist as to par-.