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Is a timeshare condo considered Multifamily Housing or Hotel? Follow

Condominiums or Time Share properties should select the Multifamily Housing Property Use.

The Hotel Property Use does not apply to properties where more than 50% of the floor area is occupied by fractional ownership units such as condominiums or vacation timeshares, or to private residences that are rented out on a daily or weekly basis. Hotel properties should be majority-owned by a single entity and have rooms available on a nightly basis.

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