| berhangwej's Forum Info |
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In other words, buying one week would give a one-fifty-second (1/52) ownership interest in the system while 2 weeks would give a one-twenty-sixth (1/26) interest and so on. Shared deeded ownership interest is often kept in all time and can be resold to another celebration or willed to one's estate. Shared rented ownership interest entitles the buyer to use a specific residential or commercial property for a fixed or drifting week (or weeks) each year for a specific variety of years.
Property transfers or resales are likewise more restrictive than with a deeded timeshare. As an outcome, a rented ownership interest may have a lower worth than a deeded timeshare. Based on the above, it appears that holding a timeshare interest does not always imply "fractional ownership" of the underlying property. https://peatix.com/user/7873985/view |
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