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Are timeshares subject to appraisal?

appraisal Subject timeshares
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Are timeshares subject to appraisal?

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No appraisals are mandated on timeshare units because the “value” of the property is measured in vacation enjoyment at a fixed rate while in the owner’s possession, along with savings in the increasing rates of traditional resorts. No appraisals are done for the original owner or in the process of timeshare resale.

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