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In other words, purchasing one week would give a one-fifty-second (1/52) ownership interest in the unit while two weeks would give a one-twenty-sixth (1/26) interest and so on. Shared deeded ownership interest is frequently held in all time and can be resold to another party or willed to one's estate. Shared rented ownership interest entitles the purchaser to use a specific property for a repaired or floating week (or weeks) each year for a particular number of years.
Home transfers or resales are also more limiting than with a deeded timeshare. As an outcome, a leased ownership interest might have a lower value than a deeded timeshare. Based upon the above, it is obvious that holding a timeshare interest does not necessarily suggest "fractional ownership" of the underlying home. https://super-excel.ru/user/ropherutjd |
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