Vacation Ownership (Timeshare)

Vacation ownership, commonly known as timesharing, is a system where multiple individuals share the rights to use a vacation property, typically a resort or condo, for a specific period each year. Owners purchase a share or interval of the property, giving them deeded or rental rights to use the space during their allotted time. This arrangement often includes annual maintenance fees and can offer the flexibility to exchange locations or times through affiliated programs. Essentially, it provides a cost-effective way to enjoy quality vacation accommodations regularly, without the full expense of owning a private vacation home.