| thoinepgll's Forum Info |
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To put it simply, buying one week would confer a one-fifty-second (1/52) ownership interest in the system while 2 weeks would provide 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 celebration or willed to one's estate. Shared leased ownership interest entitles the buyer to use a particular home for a fixed or floating week (or weeks) each year for a certain variety of years.
Property transfers or resales are likewise 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 obvious that holding a timeshare interest does not necessarily indicate "fractional ownership" of the underlying property. https://www.foxtrot-bookmarks.win/cancel-timeshare-after-rescission-period |
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