timeshare
Split property ownership
A timeshare is a vacation property arrangement where multiple owners share rights to use a property, typically for designated weeks each year.
The concept emerged from resort condominiums: They bought a timeshare in Hawaii.
Timeshares are notorious for aggressive sales tactics and difficulty reselling: We sat through a two-hour timeshare presentation to get free tickets.
Place for getaways
- destinationIntended arrival point
- weekSeven-day span
- accommodationShelter or housing provided
- amenitiesDesirable features of place
villa · condo · suite · unit · bedroom · kitchen · pool · beachfront
Written property conveyance
- contractEnforceable written agreement
- fractionalDescribing incomplete portions
- leaseholdRented property interest
- right-to-usePermitted usage entitlement
deeded · perpetuity · title · co-ownership · interval · tenure · percentage · unit
Formal display to viewers
- high-pressureInvolving urgent demands
- hard-sellAggressive persuasion method
- pitchFrequency of sound
- incentiveReward encouraging action
gift · tour · salesperson · commission · rescission · disclosure · misrepresentation · telemarketing
Sorrow over past actions
- complaintsExpressions of discontent
- lawsuitCivil court proceeding
- litigationLegal dispute process
- fraudIntentional criminal trickery
deceptive · predatory · overpriced · depreciation · availability · class-action · attorney-general · BBB
Exchanging for value
- swapExchange one for another
- pointsUnits of tally
- flexibilityAbility to adapt easily
- availabilityState of being obtainable
destination · network · membership · upgrade · downgrade · getaway · last-minute
Preserving working condition
- feesCosts for services
- duesRegular membership payments
- assessmentFormal evaluation of worth
- mortgageSecured home loan
financing · upgrade · annual · payment · amortization · depreciation · buyout · foreclosure
resort
Place for getaways
- destinationIntended arrival point
- weekSeven-day span
- accommodationShelter or housing provided
amenities · villa · condo · suite · unit · bedroom · kitchen · pool · beachfront · golf
deed
Written property conveyance
- contractEnforceable written agreement
- fractionalDescribing incomplete portions
- leaseholdRented property interest
right-to-use · deeded · perpetuity · title · co-ownership · interval · tenure · percentage · unit · biennial
presentation
Formal display to viewers
- high-pressureInvolving urgent demands
- hard-sellAggressive persuasion method
- pitchFrequency of sound
incentive · gift · tour · salesperson · commission · rescission · disclosure · misrepresentation · telemarketing
regret
Sorrow over past actions
- complaintsExpressions of discontent
- lawsuitCivil court proceeding
- litigationLegal dispute process
fraud · deceptive · predatory · overpriced · depreciation · availability · class-action · attorney-general · BBB
trading
Exchanging for value
- swapExchange one for another
- pointsUnits of tally
- flexibilityAbility to adapt easily
availability · destination · network · membership · upgrade · downgrade · getaway · last-minute
maintenance
Preserving working condition
- feesCosts for services
- duesRegular membership payments
- assessmentFormal evaluation of worth
mortgage · financing · upgrade · annual · payment · amortization · depreciation · buyout · foreclosure · default
- hotelshotel staff, hotel room, accommodations, hotelier, innkeeper
- travel industryairlines, airline, hotel, tour operators, resort
- getawaysvacation, holiday, trip, getaway, escape
- hospitality businesseshotel, motel, inn, resort, hostel
- lodgingshotel, motel, inn, hostel, guesthouse
- temporary lodgingmotel, hotel, hostel, inn, hotel room
timesharefull ownership
sole ownership · freehold · private ownership · private property · undivided interest
timeshareprivate residence
second home · vacation home · hotel stay · rental · Airbnb
timesharereal estate investment
Capital placed in property
investment property · equity investment · rental property · liquid asset · prime real estate