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In other words, purchasing one week would confer a one-fifty-second (1/52) ownership interest in the unit while two weeks would provide a one-twenty-sixth (1/26) interest and so on. Shared deeded ownership interest is typically held in perpetuity and can be resold to another celebration or willed to one's estate. Shared leased ownership interest entitles the buyer to use a particular property for a repaired or drifting week (or weeks) each year for a particular variety of years.
Home transfers or resales are also more limiting than with a deeded timeshare. As a result, a rented ownership interest might have a lower value than a deeded timeshare. Based upon the above, it appears that holding a timeshare interest does not necessarily suggest "fractional ownership" of the underlying residential or commercial property. https://minepe.info/user/botwinuxmu |
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