| cassincuag's Forum Info |
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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 provide a one-twenty-sixth (1/26) interest and so on. Shared deeded ownership interest is typically kept 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 home for a repaired or drifting week (or weeks) each year for a particular number of years.
Home transfers or resales are also more restrictive 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 is apparent that holding a timeshare interest does not always imply "fractional ownership" of the underlying property. https://www.theodysseyonline.com/user/@lipinnfrpw |
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