Timeshare (other)
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Timeshare (other)
A timeshare (sometimes called a vacation ownership or vacation club) is a property with a divided form of ownership or use rights. These properties are typically resort condominium units, in which multiple parties hold rights to use the property, and each owner of the same accommodation is allotted their period of time. Units may be sold as a partial ownership, lease, or "right to use", in which case the latter holds no claim to ownership of the property. The ownership of timeshare programs is varied, and has been changing over the decades. History The term "timeshare" was coined in the United Kingdom in the early 1960s, expanding on a vacation system that became popular after World War II. Vacation home sharing, also known as holiday home sharing, involved four European families that would purchase a vacation cottage jointly, each having exclusive use of the property for one of the four seasons. They rotated seasons each year, so each family enjoyed the prime seasons equally ...
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Barnsdale Hall Hotel Timeshare Lodges
Barnsdale, or Barnsdale Forest, is an area of South Yorkshire, South and West Yorkshire, England. The area falls within the modern-day districts of Metropolitan Borough of Doncaster, Doncaster and City of Wakefield, Wakefield. Barnsdale was Historic counties of England, historically part of the West Riding of Yorkshire. Barnsdale lies in the immediate vicinity north and northwest of Doncaster, and which was formerly forested and a place of royal hunts, and also renowned as a haunt of the outlaw Robin Hood in early ballads. Boundaries and features of Barnsdale Barnsdale Historic counties of England, historically falls within the West Riding of Yorkshire. The southern villages within Barnsdale are today part of the ceremonial county of South Yorkshire, more specifically part of the Doncaster (borough), Metropolitan Borough of Doncaster, but the villages and hamlets of northern Barnsdale fall within the Metropolitan District of the City of Wakefield in the ceremonial county of W ...
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Rescission (contract Law)
In contract law, rescission is an equitable remedy which allows a contractual party to cancel the contract. Parties may rescind if they are the victims of a vitiating factor, such as misrepresentation, mistake, duress, or undue influence. Rescission is the unwinding of a transaction. This is done to bring the parties, as far as possible, back to the position in which they were before they entered into a contract (the ''status quo ante''). Taxonomy Rescission is used throughout the law in a number of different senses. The failure to draw these crucial distinctions is productive of serious confusion. Although Judicature legislation has been enacted throughout the common law world, and jurisdictions vary in their recognition of a distinct body of law known as equity, reference to the jurisdictional origins is still important for the purposes of exposition. * ''"Rescission" in the sense of termination''. Rescission in this sense is not the focus of this article. Where a contract ...
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Freehold (law)
In common law jurisdictions such as England and Wales, Australia, Canada, and Ireland, a freehold is the common mode of ownership of real property, or land, and all immovable structures attached to such land. It is in contrast to a leasehold, in which the property reverts to the owner of the land after the lease period expires or otherwise lawfully terminates. For an estate to be a freehold, it must possess two qualities: immobility (property must be land or some interest issuing out of or annexed to land) and ownership of it must be forever ("of an indeterminate duration"). If the time of ownership can be fixed and determined, it cannot be a freehold. It is "An estate in land held in fee simple, fee tail or for term of life." The default position subset is the perpetual freehold, which is "an estate given to a grantee for life, and then successively to the grantee's heirs for life." England and Wales Diversity of freeholds before 1925 In England and Wales, before the Law of Prope ...
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Taxable Income
Taxable income refers to the base upon which an income tax system imposes tax. In other words, the income over which the government imposed tax. Generally, it includes some or all items of income and is reduced by expenses and other deductions. The amounts included as income, expenses, and other deductions vary by country or system. Many systems provide that some types of income are not taxable (sometimes called non-assessable income) and some expenditures not deductible in computing taxable income. Some systems base tax on taxable income of the current period, and some on prior periods. Taxable income may refer to the income of any taxpayer, including individuals and corporations, as well as entities that themselves do not pay tax, such as partnerships, in which case it may be called “net profit”. Most systems require that all income Realization (tax), realized (or derived) be included in taxable income. Some systems provide tax exemption#Exempt income, tax exemption for s ...
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Deed
In common law, a deed is any legal instrument in writing which passes, affirms or confirms an interest, right, or property and that is signed, attested, delivered, and in some jurisdictions, sealed. It is commonly associated with transferring (conveyancing) title to property. The deed has a greater presumption of validity and is less rebuttable than an instrument signed by the party to the deed. A deed can be unilateral or bilateral. Deeds include conveyances, commissions, licenses, patents, diplomas, and conditionally powers of attorney if executed as deeds. The deed is the modern descendant of the medieval charter, and delivery is thought to symbolically replace the ancient ceremony of livery of seisin. The traditional phrase ''signed, sealed and delivered'' refers to the practice of seals; however, attesting witnesses have replaced seals to some extent. Agreements under seal are also called contracts by deed or ''specialty''; in the United States, a specialty is en ...
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Palm Springs, California
Palm Springs (Cahuilla: ''Séc-he'') is a desert resort city in Riverside County, California, United States, within the Colorado Desert's Coachella Valley. The city covers approximately , making it the largest city in Riverside County by land area. With multiple plots in checkerboard pattern, more than 10% of the city is part of the Agua Caliente Band of Cahuilla Indians reservation land and is the administrative capital of the most populated reservation in California. The population of Palm Springs was 44,575 as of the 2020 census, but because Palm Springs is a retirement location and a winter snowbird destination, the city's population triples between November and March. The city is noted for its mid-century modern architecture, design elements, arts and cultural scene, and recreational activities. History Founding Pre-colonial history The first humans to settle in the area were the Cahuilla people, who arrived 2,000 years ago.Baker, Christopher P. (2008). ''E ...
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Bargaining Power
Bargaining power is the relative ability of parties in an argumentative situation (such as bargaining, contract writing, or making an agreement) to exert influence over each other. If both parties are on an equal footing in a debate, then they will have equal bargaining power, such as in a perfectly competitive market, or between an evenly matched monopoly and monopsony. There are a number of fields where the concept of bargaining power has proven crucial to coherent analysis, including game theory, labour economics, collective bargaining arrangements, diplomatic negotiations, settlement of litigation, the price of insurance, and any negotiation in general. Calculation Several formulations of bargaining power have been devised. A popular one from 1951 and due to American economist Neil W. Chamberlain is: :We may define bargaining power (of A, let us say) as being the cost to B of ''disagreeing'' on A's terms relative to the costs of ''agreeing'' on A's terms ... Stated in a ...
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Points Programs
Point or points may refer to: Places * Point, Lewis, a peninsula in the Outer Hebrides, Scotland * Point, Texas, a city in Rains County, Texas, United States * Point, the NE tip and a ferry terminal of Lismore, Scotland, Lismore, Inner Hebrides, Scotland * Points, West Virginia, an unincorporated community in the United States Business and finance *Point (loyalty program), a type of virtual currency in common use among mercantile loyalty programs, globally *Point (mortgage), a percentage sometimes referred to as a form of pre-paid interest used to reduce interest rates in a mortgage loan * Basis point, 1/100 of one percent, denoted ''bp'', ''bps'', and ''‱'' * Percentage points, used to measure a change in percentage absolutely * Pivot point (technical analysis), a price level of significance in analysis of a financial market that is used as a predictive indicator of market movement * "Points", the term for profit sharing in the American film industry, where creatives involved ...
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Timeshare
A timeshare (sometimes called vacation ownership) is a property with a divided form of ownership or use rights. These properties are typically resort condominium units, in which multiple parties hold rights to use the property, and each owner of the same accommodation is allotted their period of time. Units may be sold as a partial ownership, lease, or "right to use", in which case the latter holds no claim to ownership of the property. The ownership of timeshare programs is varied, and has been changing over the decades. History The term "timeshare" was coined in the United Kingdom in the early 1960s, expanding on a vacation system that became popular after World War II. Vacation home sharing, also known as holiday home sharing, involved four European families that would purchase a vacation cottage jointly, each having exclusive use of the property for one of the four seasons. They rotated seasons each year, so each family enjoyed the prime seasons equally. This concept was ...
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Secretariat Of Tourism (Mexico)
The Mexican Secretary of Tourism ( es, Secretaría de Turismo, ''SECTUR'') is the government department in charge of the nation's tourism promotion and development. The Secretary is appointed by the President of the Republic and is a member of the federal executive cabinet. The department conducts the development policy for national tourist activity and promotes tourist development zones in conjunction with the states. List of secretaries * President Luis Echeverría ** (1975–1976) : Julio Hirschfeld Almada * President José López Portillo ** (1976–1980) : Guillermo Rossell de la Lama ** (1980–1982) : Rosa Luz Alegría Escamilla * President Miguel de la Madrid ** (1982–1988) : Antonio Enríquez Savignac * President Carlos Salinas de Gortari ** (1988–1990) : Carlos Hank González ** (1990–1993) : Pedro Joaquín Coldwell ** (1993–1994) : Jesús Silva Herzog Flores * President Ernesto Zedillo ** (1994–1997) : Silvia Hernández Enríquez ** (1997–2000) : ...
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PROFECO
The Procuraduría Federal del Consumidor, or Office of the Federal Prosecutor for the Consumer (PROFECO, for short), is an organization of the Mexican government led by on the Attorney General. Mexico became the second Latin American nation to pass a Federal Consumer Protection Law, on February 5, 1976, and later became the first to create an Office for the Prosecutor. By 1982, the Office had 32 representations, one in each state and one in the Federal District. PROFECO has in total 51 offices all over the republic, and its main office is in Mexico City. The most recent reform of this federal law was signed by the Mexican president Enrique Peña Nieto at the beginning of 2018.PROFECO works together with other organizations like CPSC (U.S. Consumer Product Safety Commission) from the United States. and Health Canada from Canada to guarantee that imported products are safe for consumers. In February 2018, the representatives of these three organizations met in the U.S. to sign a memo ...
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Norma Oficial Mexicana
The Norma Oficial Mexicana (Official Mexican Standard), abbreviated NOM, is the name of each of a series of official, compulsory standards and regulations for diverse activities in Mexico. They are more commonly referred to as ''NOMs'' or ''normas''. The standards are prepared by the ''Dirección General de Normas (DGN)'' (Directorate-General of Standards), which is the body representing Mexico in the International Organization for Standardization (ISO). Examples Tequila In the case of tequila, Mexico's Tequila Regulatory Council (CRT) regulates production NOMs. The NOM identifier means the tequila meets government standards - but this is not any guarantee of tequila's quality. However, without the NOM stamp of legitimacy, it is not guaranteed that the bottle contains tequila. All 100% agave tequilas must have a NOM identifier on the bottle. The important laws since 1990 were NOM-006-SCFI-1993 and the later update NOM-006-SCFI-1994 revised in late 2005 NOM-006-SCFI-2005 and th ...
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