Interval ownership, also known as time-sharing, is a method of property ownership where multiple owners have exclusive rights to use a property for different intervals of time.
A form of property ownership under which a property is held by a number of people, each with the right of possession for a specified time interval. Time-sharing is most commonly applied to resort and vacation properties.
Timeshares allow multiple parties to own a share of a property, granting them the right to use it during specific time periods each year. This form of property ownership is often utilized for vacation destinations and resort properties.
