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Agreement (report) of intentions
The value of your timeshare
3 page of 9
Agreement (report) of intentions
«Expert conclusion» — document establishing circumstances concerning real estate belonging, being the membership’s subject in system of club vacation (timeshare), membership type, status of the owner of the certificate (document), which affirms membership in the system, of club vacation, set in the Regulation about carrying out of an independent expert appraisal of the certificate (document) confirming membership in system of club vacation (timeshare), approved by company XANTO TRADING LLP.
1. THE CONTRACT SUBJECT
1.1.The PRINCIPAL undertakes to conclude a Commission Agency Agreement with the COMMISSION AGENT in accordance with the terms of which the PRINCIPAL delegates the right to carry out trans-actions on its own behalf and at its expense to transfer to third parties the membership of the PRINCIPAL in the club recreation system (timeshare) into ownership (sale, assignment).
1.1.The PRINCIPAL undertakes to conclude a Commission Agency Agreement with the COMMISSION AGENT in accordance with the terms of which the PRINCIPAL delegates the right to carry out trans-actions on its own behalf and at its expense to transfer to third parties the membership of the PRINCIPAL in the club recreation system (timeshare) into ownership (sale, assignment).
1.2. Membership property transfer in system of club vacation (timeshare) is a subject of privacy based on equality, will autonomy and its participants’ property independence.
1.3. Memberships in the system of club vacation (timeshare) and its characteristics are defined in an «Expert Report» and an «Estimation Report».
1.4. The COMMISSION AGENT concludes the Commission Contract with the COMMITTENT within 60 (sixty) days after the last one submitted an «Expert Report» and an «Estimation Report» of the owned membership it in system of club vacation (timeshare).
3 page of 9
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A Memorandum on the conduct of an independent examination