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In other words, purchasing one week would confer a one-fifty-second (1/52) ownership interest in the unit while 2 weeks would offer a one-twenty-sixth (1/26) interest and so on. Shared deeded ownership interest is typically held in all time and can be resold to another party or willed to one's estate. Shared leased ownership interest entitles the buyer to use a specific home for a repaired or floating week (or weeks) each year for a particular variety of years.
Residential or commercial property transfers or resales are also more limiting than with a deeded timeshare. As a result, a leased ownership interest may have a lower value than a deeded timeshare. Based upon the above, it appears that holding a timeshare interest does not always imply "fractional ownership" of the underlying home. https://www.bookmarking-maze.win/timeshare-sales-jobs-1 |
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