Odd and even years

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Odd and even years

Odd and even years

(Relating to Time-Shares) Timeshare ownership usage every other year - some odd-numbered, some even.

RELATED TERMS
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Timeshare
A form of multiple ownership of a piece of property in which each owner has access to the property for a period during the year.

Ownership
The right to possess and use property to the exclusion of others.

SIMILAR TERMS
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PREVIOUS AND NEXT TERMS
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Obsolescence
Impairment of desirability and usefulness brought about by changes in the art, design or process or from external influencing circumstances that make a property less desirable and valuable for a continuity or use.

OCC
Percent occupancy of the motel, i.e.: number of rooms rented vs. the number of rooms available, calculated on a yearly percent basis.

Occupancy cost
Charge to tenant, pursuant to its lease, such as rent, operating expense increases, parking charges, moving expenses, remodeling costs, etc.

Occupancy permit
A permit issued by the appropriate local governing body to establish that the property is suitable for habitation by meeting certain safety and health standards.

Occupational Safety and Health Act (OSHA)
Congress created OSHA under the Occupational Safety and Health Act, which was signed by President Richard M. Nixon on December 29, 1970. OSHA's mission is to prevent work-related injuries, illnesses and deaths.

Odd and even years

Offer
A proposal to purchase property at a specified price and terms.

Offer and acceptance
Two essential components of a valid contract; a "meeting of the minds."

Offer to purchase agreement
The agreement between a buyer and seller for a certain price and terms usually dependent on conditions being satisfied.

Offeree
The person to whom an offer is made - usually the owner.

Offeror
The party who makes an offer - usually the buyer.

This dictionary contains 6433 terms.

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