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=S=> BGB 481. 1 Time-share agreements are contracts by which an entrepreneur procures or promises to procure for a consumer the right , in return for the payment of a total price , to use a building for a period of the year that is specified or to be specified , for recreation or residential purposes , for the duration of at least three years . The right may be a real right or another right and may also in particular , without limitation , be granted through membership of an association or a share in a company or partnership .
=S=> BGB 481. 2 The right may also consist in opting to use one of a group of residential buildings .
=S=> BGB 481. 3 A part of a residential building is equivalent to a residential building .
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