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What is leased or certificate property?
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The right to use your resort property (e.g., a condominium) shared with others. Each “owner” owns a certain period of time and occupies a unit of accommodation on a regular basis for a number of years. Timeshare is sometimes referred to as “Vacation Exchange,” “Holiday Ownership,” “Multi Ownership” or “Group Ownership.”
'); return false">timeshare for a specified number of years. At the end of this period the property reverts back to the developer. Some resorts allow accelerated usage which means that you may borrow usage from future years. to do so you will normally pay the maintenance fees for the accelerated usage.
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