Timeshare Property

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Timeshare Property:

A timeshare is a shared ownership model of vacation real estate in which multiple purchase own allotments of usage, typically in one-week increments, in the same property. The timeshare model can be appied to many different types of properties, such as vacation resorts, condominiums. apartments. and campgrounds.

Are timeshares a good investment?

A timeshare is a form of fractional ownership in aproperty, typically in a resort or vacation destination. Timeshares should not be considered investments since the vast majority of timeshare contracts lose value inthe secondary market, and they do not generate income for owners.

Are timehshares real property?

Deeded timeshares are considered real estate not personal property. You own property rights to a deeded timeshare until you sell it, until the time frame on the contact expires, or until you pass away. You maintain partial ownership and equity in the property, which you share with the other timeshare owners.

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