Time Sharing

DEFINITION of 'Time Sharing'

A hybrid form of ownership. A time share is the right to occupy a unit of real estate property, such as a condominium or vacation home, during a specified number of separate time periods. Each time period is for a certain duration, such as one or two weeks. Time-sharing allows multiple purchasers to buy interests in the same real estate.

BREAKING DOWN 'Time Sharing'

Time-sharing is a popular form of real estate ownership where a single property is jointly owned by individuals who agree to use the property at different times. Frequently, time-sharing occurs at resorts or in popular vacation destinations, such as ocean-front properties, where the outright cost of ownership would be cost-prohibitive.

RELATED TERMS
  1. Real Estate Investment Trust - ...

    A REIT is a type of security that invests in real estate through ...
  2. Real Estate

    Land plus anything on it, including buildings and natural resources.
  3. Propco

    An abbreviation for property company. Propcos are most often ...
  4. Vacation Home

    A dwelling other than the owner's primary residence that is used ...
  5. Investment Real Estate

    Real estate that generates income or is otherwise intended for ...
  6. Real Estate Limited Partnership ...

    A limited partnership entity organized to invest in real estate. ...
Related Articles
  1. Home & Auto

    Simple Ways To Invest In Real Estate

    Owning property isn't always easy, but there are plenty of perks. Find out how to buy in.
  2. Home & Auto

    An Introduction To Buying A Condominium

    This real estate investment provides unique advantages - and challenges.
  3. Options & Futures

    Tips For Renting A Vacation House

    Follow these nine steps to get a picture-perfect summer shack at a great price.
  4. Taxes

    Vacation Home Or Income-Producing Investment?

    There is an alternative to letting your cottage sit empty all year, but turning a profit won't be easy.
  5. Budgeting

    Beach Property in California: The Pros & Cons

    Learn the pros and cons of buying a beach condo in California, and how to protect yourself from common pitfalls many condominium buyers experience.
  6. Budgeting

    Beach Property in Puerto Rico: The Pros & Cons

    Learn these important tips for buying a beach condo in Puerto Rico. You need to have a buyer's agent and an attorney to represent your interests.
  7. Home & Auto

    Tips on Buying a Beach Condo in Puerto Rico

    The island has beautiful beaches, a great climate, tax breaks for American buyers – and a huge debt crisis. Still game? Here are guidelines for a purchase.
  8. Real Estate

    Beach House Investing: Best Beach Towns in Long Island, New York

    Learn about the three beach house locations on Long Island that investors should consider for beach house investing projects and key facts.
  9. Retirement

    Tips on Buying a Beach Condo in Florida

    Discover some tips that are very important to consider but often forgotten when searching for the perfect beachfront condominium in Florida.
  10. Real Estate

    Beach House Investing: Best Beach Towns in Texas

    Discover the opportunities for investing along one of America's most underappreciated coastlines and which beach towns have the best potential.
RELATED FAQS
  1. Can FHA loans be used for condos?

    A borrower can obtain Federal Housing Administration (FHA) loans to finance the purchase of a condominium as long as the ... Read Full Answer >>
  2. What is the difference between capitalization rate and rent?

    Rent and capitalization rate are both factors that determine whether a real estate purchase is a wise investment. Rent is ... Read Full Answer >>
  3. Can real estate agents help renters find rental property?

    While real estate agents often exclusively service those in the market to buy or sell a home, some can also be excellent ... Read Full Answer >>
Hot Definitions
  1. Inverted Yield Curve

    An interest rate environment in which long-term debt instruments have a lower yield than short-term debt instruments of the ...
  2. Socially Responsible Investment - SRI

    An investment that is considered socially responsible because of the nature of the business the company conducts. Common ...
  3. Presidential Election Cycle (Theory)

    A theory developed by Yale Hirsch that states that U.S. stock markets are weakest in the year following the election of a ...
  4. Super Bowl Indicator

    An indicator based on the belief that a Super Bowl win for a team from the old AFL (AFC division) foretells a decline in ...
  5. Flight To Quality

    The action of investors moving their capital away from riskier investments to the safest possible investment vehicles. This ...
Trading Center