The system of time ownership consists of buying the right to spend your holiday in your own villa or apartment, in the pace of your choice, for a given number of years. It is often possible to switch weeks and resorts with other timeshare owners, but this depends on demand. Obviously, the better resorts and weeks are in heavy demand and you may not be able to switch to there from your less-favoured area. Luckily you can lend your weeks to friends, let or sell them. Again, prices for resale are not guaranteed and many people have found to their cost that resale is virtually impossible. Timeshare weeks should not really be considered as investments.
A fully furnished vacation accommodation that is partially owned by a number of people. Timeshares require a one-off purchase price, along with annual maintenance fees, and are purchased in perpetuity or for a predetermined number of years.
A term used to describe the right and joint ownership of a resort property (e.g., a condominium) shared with others. Each "owner" owns a certain period of time and occupies a unit of accommodation on a regular basis for a number of years. Timeshare is sometimes referred to as "Vacation Exchange," "Holiday Ownership," "Multi Ownership" or "Group Ownership."
a form of ownership where the owner has the right to use a specific property for usually one or two weeks each year
a kind of property ownership that allows you to acquire a percentage of interest in a vacation home or resort for a specific period of time
an arrangement for sharing ownership in a real estate property -- usually an individual unit such as a house, hotel or condominium -- at a resort that gives any of the joint purchasers the right to occupy the unit during a specified period each year
an investment in a more enjoyable vacation
an investment in the quality ones future vacations
an ownership of a specific period
a property that is owned by a number of individual investors To break it down further, when you buy one you are buying time in a property you share with others In most cases, these are condos that are located in prime vacation and resort are
a resort where the propert
a resort where the property is
a special type of ownership for vacation homes
a unit of time (usually a designated week) in a condominium-style facility at a resort, which may be purchased for an infinite or limited period of time
a vacation ownership without the cost of owning a property
a vacation property ownership, for a specific period of time, usually a week on an annual basis
a vacation purchase where you, along with other people, buy time in a p
a vacation spot you buy and go to every year
A marketing and equity financing concept which permits participants to enjoy vacation accommodation for a fixed, one time amount for life, or shorter contracted period.
A right, shared with others, to occupy a unit of accommodation for a period of time (usually a week) on a regular basis for a number of years. Sometimes referred to as Vacation Ownership, Holiday Ownership, Multi Ownership or Group Ownership. Timesharing can be in a single building, an apartment block, or a boat.
A method of ownership in which co-owners have exclusive right to possess property for specified time periods each year.
The concept of purchasing an increment of time at a resort, condominium, apartment, or other facility, often with the option to exchange this time for time at a different location. What makes timeshare such a desirable alternative to traditional lodging is the value. Because the cost of a unit at a timeshare property is split between many owners, it is possible to vacation at an elegant resort for far less money than it would take to purchase a unit outright, lease a property, or rent a hotel room for an extended period of time. Timeshare exchange programs afford the owner the opportunity to vacation all over the world and enjoy luxury amenities with no wasted expense.
Ownership that involves the acquisition of a specific period of time, or that percentage of interest, in a vacation home or resort.
Other similar terms are Vacation Ownership, Holiday Ownership, Multi Ownership or Group Ownership. It is the right, shared with others, to occupy an accommodation for a period of time (usually a week) on a regular basis for a number of years. See http://www.myresortnetwork.com
The purchase or lease of a resort for an interval of time with the option to exchange for other time intervals at the same or a different resort. Timeshare ownership allows for affordable vacationing in that the timeshare owner only pays for an increment of time in contrast to full ownership of a vacation property.
A form of property ownership where multiple owners take turns using the property at designated times throughout the year. Timeshares are typically vacation homes located in resort destinations.
An arrangement under which a purchaser receives an interest in real property and the right to use an accommodation or amenities, or both, for a specified period and on a recurring basis. Used primarily for selling vacation properties.
A form of multiple ownership of a piece of property in which each owner has access to the property for a period during the year. Most timeshares are vacation homes in resort areas.
A timeshare is a form of vacation property ownership. With timeshares, the use and costs of running the resort are shared among the owners. While the majority of timeshares are condominium vacation resorts, developers have applied the timeshare model to houseboats, yachts, campgrounds, motor homes and cruises.
