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Reference.org
Timeshare
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<p>A timeshare (sometimes called a vacation ownership or vacation club) is a <a href="/facts/Real_property/Ce5vubgz">property</a> with a divided form of <a href="/facts/Ownership/dI4oAYoD">ownership</a> or use rights. These properties are typically resort <a href="/facts/Condominium_(living_space)/UN3Wapsv">condominium</a> units, in which multiple <a href="/facts/Party_(law)/eyCHQMPR">parties</a> hold rights to use the property, and each owner of the same accommodation is allotted their period of time. Units may be sold as a partial ownership, <a href="/facts/Lease/rd3gvnkW">lease</a>, or "right to use", in which case the latter holds no claim to ownership of the property. The ownership of timeshare programs is varied, and has been changing over the decades. The timeshare market has been subject to criticism. </p>