What is a time share? Is it a form of real estate ownership? Why or why not?
What will be an ideal response?
A time share is a fractional ownership of property usually based on a time factor, such as a particular week or month every year. A time share is not a true ownership interest in real estate. A time share represents only the right to occupy and use a place for a specified time period.
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Ms. Schnabel is a real party in interest in the Forrester case.
Answer the following statement true (T) or false (F)
Under the PATRIOT Act of 2001, which is not part of the definition of domestic terrorism?
A) Activities which occur primarily within U.S. jurisdiction B) Activities intended to intimidate or coerce a civilian population C) May be communications such as emails, internet postings, or videotapes used to recruit others to join the war against America and American interests at home or abroad D) Activities intended to influence government policy by intimidation or coercion, or to affect government conduct by mass destruction, assassination, or kidnapping E) Activities which involve criminal acts dangerous to human life
Persons who are not in fact disabled are not covered under the provisions of he ADA
Indicate whether the statement is true or false
The debtor's nonexempt property is ________ by the trustee, who sells it and pays the administration expenses associated with the bankruptcy case
A) Transferred B) Given away C) Donated to charity D) Liquidated E) None of these