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To put it simply, buying one week would provide a one-fifty-second (1/52) ownership interest in the system while two weeks would provide a one-twenty-sixth (1/26) interest and so on. Shared deeded ownership interest is typically held in eternity and can be resold to another celebration or willed to one's estate. Shared rented ownership interest entitles the buyer to utilize a specific residential or commercial property for a repaired or floating week (or weeks) each year for a certain number of years.
Property transfers or resales are likewise more limiting than with a deeded timeshare. As an outcome, a leased ownership interest may have a lower value than a deeded timeshare. Based on the above, it appears that holding a timeshare interest does not necessarily suggest "fractional ownership" of the underlying property. https://www.bookmarking-presto.win/legitimate-timeshare-resale-companies-2 |
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