| lygriggzbi's Forum Info |
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Simply put, buying one week would give a one-fifty-second (1/52) ownership interest in the system while two weeks would offer a one-twenty-sixth (1/26) interest and so on. Shared deeded ownership interest is typically held in eternity and can be resold to another party or willed to one's estate. Shared leased ownership interest entitles the buyer to use a specific home for a repaired or floating week (or weeks) each year for a specific number of years.
Property transfers or resales are also more restrictive than with a deeded timeshare. As a result, a leased ownership interest may have a lower value than a deeded timeshare. Based upon the above, it is evident that holding a timeshare interest does not always suggest "fractional ownership" of the underlying home. https://speakerdeck.com/lewartxfka |
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