What is a timeshare?
A Timeshare is an arrangement in which parties share the ownership of or the right to use property, normally a resort, condominium, or vacation home. Also called Vacation Ownership and Fractionals, a Timeshare provides for occupation by each party for a period of time each year. This feature of Timesharing makes it possible to own one or more vacation homes because the maintenance costs are split among multiple owners. Additionally, someone who buys a timeshare can buy as much time as they want at one or several different resorts.
