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In other words, purchasing one week would provide 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 held in perpetuity and can be resold to another party or willed to one's estate. Shared rented ownership interest entitles the purchaser to utilize a particular residential or commercial property for a repaired or drifting week (or weeks) each year for a particular variety of years.
Property transfers or resales are likewise more restrictive 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 is obvious that holding a timeshare interest does not always suggest "fractional ownership" of the underlying home. https://www.bookmarking-presto.win/timeshare-companies |
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