Welcome to NuWire Investor |
About Us
|
Login
INVESTMENT NEWS
REAL ESTATE INVESTMENT NEWS
ALTERNATIVE INVESTMENT NEWS
"HOW TO" ARTICLES
OPPORTUNITIES
WIKI
ARCHIVE
Free Newsletter
Get the latest real estate investment and alternative investment news delivered free via e-mail each week.
Your information will not be shared
MAIN LINKS
About the NuWire Wiki
Formatting Your Wiki Article
Editing Wiki Articles
Mexico Real Estate
Mazatlan Real Estate
The Restricted Zone in Mexico
TOP CONTRIBUTORS
Brian O'Neil
Member since:
05/08
WIKI PAGE
Wiki Help
Timeshare
EasyEdit
(
What's this?
)
What is the EasyEdit button?
This website gets better when people like you add to it. Just click the EasyEdit button to start. (
help
)
A
timeshare
is a unique variant on traditional real estate ventures as it does not involve the exclusive rights to a property. That is, several different parties, individuals or entities have equal rights to use a particular property. Most often, the properties utilized for time share purposes are condominiums. Timeshares are generally employed in vacation areas since this is where seasonal occupancy would be most beneficial. The bulk of timeshare properties are found in Florida and Mexico although they did originate in Europe and are popular on a worldwide basis. Please note: these timeshares are not rental agreements. Those who take part in the timesharing outright buy the property and share the right to use under the agreements of the sale. These separate groups would then be designated a specific time of the year where they would have the right to use the property. For example, entity A would have access in the winter, entity B would have access in the spring and entity C would have access in the summer. Generally, such access would be exclusive during their periods of rental. That is, entity A would not have any rights to use the property during entity C's time and vice versa.
Last update:
Jun 3 2008, 2:49 PM EDT
by
Brian O'Neil
(
content history
|
content tools
) (
help
)
Keyword tags:
time share
timeshare real estate
timeshare rentals
timeshares
Timeshare
Vacation property