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    Property Type

    A hotel condominium is a hotel room, suite or villa that can be sold to an owner who can utilize the residence for a limited period of time per year. When not in residence, the unit will be rented as part of the hotel, with revenues shared with the owner and the hotel.
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    Property Type

    A hotel-branded or managed residence is a whole-ownership apartment, villa or homesite, either carrying a hotel brand at the time of the initial sale or managed by a hotel operating company, and without a mandatory rental program.