It is timeshare estate. A timeshare is a type of vacation property where several buyers share ownership of certain usage rights to the same property. Numerous various types of properties, including vacation resorts, condos, apartments, and campgrounds, can use the timeshare model.
A buyer can purchase a timeshare for a fixed week, where they have a specific week each year, or a floating week, where they can only use property for a certain season. Ownership might occasionally demand control of a property, time-sharing is popular. Timeshare disadvantages include a lack of changeability, yearly maintenance expenses, and challenges in selling one.
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