Time-sharing is a real estate investment, usually one condominium unit, co-owned by as many as 25 investors. Each investor may use his/her unit during designated weeks chosen as part of the purchase. Time-sharing has a bad reputation because of developer defaults and bankruptcies. To combat the well-deserved negative publicity, developers have coined a new term, “interval ownership,” to replace “time-sharing.”
Don’t throw your money away on time-sharing.
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