A holiday is defined as a holiday system established by a contract that includes the transfer of one or more real estate at the cost of the right to use for a period of at least three years and for a period that can be defined or determined during the year during this period and not less than one week.

The timeshare agreement gives the consumer the right to a credit for the use of the property divided by time on the subject of the holiday. This right is a personal right. The consumer is not maliki of any right in kind, such as the right of ownership on the real estate subject to the contract.