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Memorandum Conclusion agreement (report) Of intentions
Memorandum Conclusion agreement (report) Of intentions
The value of your timeshare
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Memorandum Conclusion agreement (report) Of intentions
Cape Town «__» ________ 20____
1. Memorandum conclusion agreement (report) of intentions (hereinafter – the Memorandum) defines (forms) main regulations, conditions, order of concluding deals, connected with membership owning in system of club vacation (timeshare).
1.1. PARTIES under the Agreement (report) of intentions dd «___» _____________ 20___. № _______ (hereinafter — Agreement) entered present Memorandum as follows:
1. Memorandum conclusion agreement (report) of intentions (hereinafter – the Memorandum) defines (forms) main regulations, conditions, order of concluding deals, connected with membership owning in system of club vacation (timeshare).
1.1. PARTIES under the Agreement (report) of intentions dd «___» _____________ 20___. № _______ (hereinafter — Agreement) entered present Memorandum as follows:
2. PARTY-1 to PARTY-2 guarantees:
2.1. at the moment of signing the Memorandum and the Agreement, membership in system of club vacation (timeshare) of PARTY-1, transferring (for sale, assignment) to PARTY-2 is not sold to the third parties, is not arrested under court decision, is not disputed, third parties at the moment of concluding the Memorandum and the Agreement did not claim any prospective or valid rights for membership in system of club vacation (timeshare);
2.1. at the moment of signing the Memorandum and the Agreement, membership in system of club vacation (timeshare) of PARTY-1, transferring (for sale, assignment) to PARTY-2 is not sold to the third parties, is not arrested under court decision, is not disputed, third parties at the moment of concluding the Memorandum and the Agreement did not claim any prospective or valid rights for membership in system of club vacation (timeshare);
2.2. Signing the papers testifying ownership in system of club vacation (timeshare) transferring(for sale, assignment), PARTY-1 is aware and informed of all the aspects, peculiarities, conditions, consequences and responsibilities connected with this kind of transactions;
2.3. PARTY-1 does not intend to fulfill a mock or an artificial deal;
2.4. PARTY-1 intentions don’t have any violent influence such as delusion, deceit, violence, threat or ill-intentioned agreement of one side representative from another;
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