Timeshares in Three Sentences

timeshare real estate Timeshares are dedicated arrangements under which a purchaser receives an ownership right in or the right to use accommodations for some time less than twelve months during a given year. The law of the state or country in which the property is located or offered for sale ordinarily governs timeshares, unless agreed otherwise. General consumer information here.

In our “Law 101″ posts, we define terms, phrases, or concepts with the goal of conveying core information in order to set the stage for more complex discussions.

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