timeshare

English - Turkish

Definition of timeshare in English Turkish dictionary: Devre mülk sistemi kullanım; devremülk

English - English

Definition of timeshare in English English dictionary: alternative spelling of time-share; a holiday home that you buy with other people so that you can each spend a period of time there every year, or when you arrange to do this; Ownership that involves the acquisition of a specific period of time or percentage of interest in a vacation home or resort; {i} vacation unit in which a person owns the right to use it during a specific period each year; The purchase of only a percentage of a property Thus, the buyer may only occupy that property for a particular period of time Generally used with vacation homes; An arrangement under which a purchaser receives an interest in real property and the right to use an accommodation or amenities, or both, for a specified period and on a recurring basis Used primarily for selling vacation properties; a project where property is or may be owned collectively by a large group of people, each of whom has the right to use the property for a certain period of time or during certain dates each year; Ownership that involves the acquisition of a specific period of time, or that percentage of interest, in a vacation home or resort; a real estate development in which a buyer can purchase the exclusive right to occupy a unit for a specified period of time each year, not eligible for financing with Bankers Express Mortgage, Inc Funding; This is a property development where occupancy time is sold The bank does not grant loans for timeshare properties; A right, shared with others, to occupy a unit of accommodation for a period of time (usually a week) on a regular basis for a number of years Sometimes referred to as 'Holiday Ownership', 'Multi Ownership' or 'Group Ownership' Timesharing can be in a single building, an apartment block or a boat