Timeshare property type

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Timeshare Property Type:

Timeshares are split ownership models of a vacation real estate or accommodation in which numerous buyers hold allotmentd of usuaally in a week's increment within the same property.


Is a timeshares are considered real property?

Deeded timeshares are considered real estate not personal property. You maintain partial ownership and equity in the property, which you share with the other timeshare owners. You must pay maintanance fees, insurance, and property taxes on your timeshare as part of the contract.


What are the types of timeshares ownership?

Apart from the above three types of timeshares there are two more kinds of ownerships of timeshare properties, one being the deeded and the other right to use type of ownership.

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