Time Sharing

AAA

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.

INVESTOPEDIA EXPLAINS '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. Propco

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

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

    Real estate that generates income or is otherwise intended for ...
  4. Real Estate

    Land plus anything permanently fixed to it, including buildings, ...
  5. Real Estate Limited Partnership ...

    A limited partnership entity organized to invest in real estate. ...
  6. Real Estate Investment Trust - ...

    A security that sells like a stock on the major exchanges and ...
Related Articles
  1. Home & Auto

    An Introduction To Buying A Condominium

    This real estate investment provides unique advantages - and challenges.
  2. 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.
  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. Home & Auto

    Can real estate agents help renters find rental property?

    Real estate agents offer renters a true advantage when searching for a new home as well as negotiating power when signing a lease.
  6. Personal Finance

    5 Best Beach Towns To Buy Property In

    These locales offer vacation homeowners scenic views and plenty of amenities. The home prices can't be beat either.
  7. Retirement

    Does Condo Life Suit You?

    Association fees and disputes with neighbors could spoil your move if you're unprepared.
  8. Home & Auto

    4 Overlooked Homeownership Costs

    Mortgage payments aren't the only expense. Find what else you'll be on the hook for.
  9. Retirement

    Downsize Your Home To Downsize Expenses

    Learn how to cut your mortgage, tax, gas and utilities bills.
  10. How well does your condo's master insurance policy protect you?
    Insurance

    Have The Right Condo Insurance?

    How well does your condo's master-insurance policy protect you? Here's why you'll probably need separate insurance for your own unit and possessions.

You May Also Like

Hot Definitions
  1. Deferred Revenue

    Advance payments or unearned revenue, recorded on the recipient's balance sheet as a liability, until the services have been ...
  2. Multinational Corporation - MNC

    A corporation that has its facilities and other assets in at least one country other than its home country. Such companies ...
  3. SWOT Analysis

    A tool that identifies the strengths, weaknesses, opportunities and threats of an organization. Specifically, SWOT is a basic, ...
  4. Simple Interest

    A quick method of calculating the interest charge on a loan. Simple interest is determined by multiplying the interest rate ...
  5. Special Administrative Region - SAR

    Unique geographical areas with a high degree of autonomy set up by the People's Republic of China. The Special Administrative ...
  6. Annual Percentage Rate - APR

    The annual rate that is charged for borrowing (or made by investing), expressed as a single percentage number that represents ...
Trading Center