| andhonueob's Forum Info |
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| Additional Info About andhonueob |
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In other words, purchasing one week would give a one-fifty-second (1/52) ownership interest in the unit while 2 weeks would provide a one-twenty-sixth (1/26) interest and so on. Shared deeded ownership interest is often kept in perpetuity and can be resold to another party or willed to one's estate. Shared leased ownership interest entitles the purchaser to use a specific residential or commercial property for a repaired or floating week (or weeks) each year for a particular variety of years.
Home transfers or resales are likewise more limiting than with a deeded timeshare. As a result, 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 always suggest "fractional ownership" of the underlying property. https://www.bonanza.com/users/48504329/profile |
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