Royal Holiday Beach Resort

Key facts from Royal Holiday Beach Resort's documents

Reflects the 2017 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Timeshare plan (vacation ownership) within a condominium (Recitals and incorporation of Sapphire R)

Legal name

GeoHoliday Club, a Nevada nonprofit, nonstock corporation (Master Declaration 1.5)

Developer / declarant

GeoHoliday Development, LLC, a Nevada limited liability company (Signature block: 'DECLARANT' GeoHoliday )

Special assessments

Special Assessment levied if Basic Assessment proves inadequate, in an aggregate amount sufficient to provide for such inadequacy (Master Declaration 1.47)

Reserves & fees

Basic Expenses include capital reserve funding over the useful life of components for which Association is responsible (Master Declaration 5.2(b) and 5.7)

Use restrictions

Use and occupancy of Projects is limited to private, residential use; non-residential and/or commercial use prohibited except for Declarant's limited rental and resort operations (Master Declaration 2.6)

Voting & meetings

Each current Member entitled to one vote per Credit owned; Declarant gets votes equal to number of unsold Credits rounded down to nearest 1000 (Master Declaration 3.2(b))

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.