GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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09:51 Jan 28, 2015 |
English language (monolingual) [PRO] Marketing - Real Estate | |||||||
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| Selected response from: Yvonne Gallagher Ireland Local time: 09:00 | ||||||
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Discussion entries: 6 | |
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available without need for booking Explanation: Walk in means that the property is available without a need for booking. This could be during the off-season. Whereas during peak season, it needs to be reserved. -------------------------------------------------- Note added at 9 mins (2015-01-28 10:01:10 GMT) -------------------------------------------------- The investor can stay for 30 days. This is reserved for him. Other than these 30 days, he can come without reservation, totaling to 60 days in a year. These are over and above the 30. So, he has 90 days total. |
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entitled to stay 30 days a year on booking in advance and 60 days as random/walk-in guest per year Explanation: This is common for properties that are sold to the owner then the project developer rerent to use as hotel rooms or accommodation at the resort. Then in this case, the buyer/property owner had the right to stay for a certain number of days per year by booking in advance, and some more walk-in days, of course all are for free. |
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stay a 30 day per year period by reserving it in advance and another 60 days here and there... Explanation: I think writeaway puts it quite clearly in disc box. It's a time share where the "owner" can spend a 30-day period in their "own" place but must pre-book this period. The other 60 days are "walk in" i.e no need to book in advance but, as Tony has pointed out, this would probably be off-season and they might not get their "own" apartment on those occasions. The other thing about these 60 days would be that they would probably be individual days or a couple of days together but not long satys. So not 2 x30 for example but more likely 30 x 2 or 60 x 1 periods -------------------------------------------------- Note added at 1 hr (2015-01-28 10:53:44 GMT) -------------------------------------------------- type "stays" -------------------------------------------------- Note added at 1 hr (2015-01-28 10:54:14 GMT) -------------------------------------------------- argh! typO "stays" -------------------------------------------------- Note added at 5 days (2015-02-02 10:04:28 GMT) Post-grading -------------------------------------------------- Glad to have helped and thanks for clarfication re leaseback. |
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