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Book 2 · Law of obligations  ›  Title 2 · Timeshare contracts, long-term holiday product contracts, brokerage contracts and exchange system contracts › Section 481a

Long-term holiday product contract

A long-term holiday product contract is a contract for the duration of more than one year by means of which a trader procures or promises to procure for a consumer the right, in return for the payment of a total price, to receive price reductions or other benefits with regard to accommodation. Section 481 (1) sentence 2 applies accordingly.

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