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In other words, purchasing one week would confer a one-fifty-second (1/52) ownership interest in the system while two weeks would provide a one-twenty-sixth (1/26) interest and so on. Shared deeded ownership interest is frequently held in perpetuity and can be resold to another party or willed to one's estate. Shared leased ownership interest entitles the purchaser to use a particular property for a fixed or drifting week (or weeks) each year for a certain variety of years.
Property transfers or resales are likewise more limiting than with a deeded timeshare. As an outcome, a rented ownership interest might have a lower value than a deeded timeshare. Based on the above, it appears that holding a timeshare interest does not always suggest "fractional ownership" of the underlying home. https://www.stealth-bookmark.win/mac-and-dennis-buy-a-timeshare-2 |
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