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To put it simply, purchasing one week would confer a one-fifty-second (1/52) ownership interest in the system while two weeks would give a one-twenty-sixth (1/26) interest and so on. Shared deeded ownership interest is typically kept in eternity and can be resold to another celebration or willed to one's estate. Shared rented ownership interest entitles the purchaser to utilize a specific property for a repaired or drifting week (or weeks) each year for a particular number of years.
Property transfers or resales are also more restrictive than with a deeded timeshare. As a result, a leased ownership interest might have a lower worth than a deeded timeshare. Based upon the above, it appears that holding a timeshare interest does not always suggest "fractional ownership" of the underlying home. https://3dcu.com/user/gloirskaty |
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