Terms of Use

📘 Terms of Use of the MyWorldApartments Platform

What is Timesharing?

Timesharing is a form of joint ownership of the right to use a property. Each participant is entitled to stay in a specific property for a certain number of days each year, over a defined period (e.g., 10 or 16 years). It is a cost-effective alternative to renting—you pay once and stay for free for the entire duration.

🔁 How It Works

1. Expressing Interest (Intention Stage)

  • The user selects an offer of interest and expresses willingness to join the group purchase.
  • No payment is required at this stage.

2. Gathering Participants and Payment

  • Once the required number of participants is reached, the property is purchased, or the booking phase begins (if already owned).
  • The user pays according to their share. The administration may request up to 10% advance payment to confirm intent.
  • All details are published on panel.myworldapartments.ru.

3. Annual Booking of Days

  • Each user has the right to book the number of days purchased each year.
  • Booking access opens after the annual “booking reset” date. All users can choose free days for the following year.
  • A booking refers to a stay from 00:00 to 23:59 on a specific day.

4. Static Days

  • Users can purchase static days that are automatically reserved for them annually.
  • Static days must be consecutive and at least 14 days long. Gaps are not allowed.
  • These days don’t require yearly booking and are guaranteed to the user.

⚖️ Responsibilities of the Parties

The user must:

  • Use the property as intended and treat the belongings with care.
  • Do not remove property, break or damage items, or dirty the premises.
  • Leave the property clean and tidy. Optionally, provide a photo report on arrival and departure.

The administration has the right to:

  • Reduce the participation term (e.g., from 16 to 15 years) in case of property damage.
  • Provide bonus days (up to 1 month) for improvements (minor repairs, purchasing useful equipment, etc.).

Shared Use:

  • Timeshare can be purchased by multiple families. Days can be distributed and alternated among participants.
  • If two bookings overlap, the one registered for that date takes priority.
  • Simultaneous stays by two users are allowed by mutual agreement.

💰 Financial Terms

  • The user does not pay utilities, communication, registration, taxes, etc.
  • The price listed on the platform is final.
  • Additional contributions (e.g., microwave, furniture, repairs) are rewarded with bonus days.

📝 Summary

Platform MyWorldApartments offers a clear and cost-effective model of owning time in real estate. You pay once for the right to vacation each year and pay nothing extra, enjoying guaranteed comfort and stability for years to come.

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