Memorandum commission contract conclusion
The value of your timeshare
1 page of 5
Memorandum commission contract conclusion
MEMORANDUM
COMMISSION CONTRACT CONCLUSION
№ K_____
Cape Town «__» _____ 20__
1. Memorandum commission conclusion contract (hereinafter — Memorandum) defines (forms) main regulations, conditions, order of carrying out and concluding deals, connected with membership owning in system of club vacation (timeshare).
1.1. PARTIES within bounds of an Agreement (report) of intentions from «__ »_____ 20__. № _____ (hereinafter — Agreement) entered the Memorandum as follows:
COMMISSION CONTRACT CONCLUSION
№ K_____
Cape Town «__» _____ 20__
1. Memorandum commission conclusion contract (hereinafter — Memorandum) defines (forms) main regulations, conditions, order of carrying out and concluding deals, connected with membership owning in system of club vacation (timeshare).
1.1. PARTIES within bounds of an Agreement (report) of intentions from «__ »_____ 20__. № _____ (hereinafter — Agreement) entered the Memorandum as follows:
2. PARTY-1 to PARTY-2 guarantees:
2.1. at the moment of signing the Memorandum and the Contract, membership in system of club vacation (timeshare) of PARTY-1, transferring (for sale) 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 Contract 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 Contract, membership in system of club vacation (timeshare) of PARTY-1, transferring (for sale) 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 Contract 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, 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;
1 page of 5
Ask question
Document:
Contract clause:
Our comments
Document:
Question and Answer
Document:
A Memorandum on the conduct of an independent examination