February 29, 2008, Newsletter Issue #87: Deeded Timeshare

Tip of the Week

Explain to the Timeshare buyer that a deeded timeshare is property that has the equal rights of ownership as in concurrence with other deeded property such as your house. The deed for the timeshare is recorded in the county where the property exists and the owner may sell, rent, pass on down to the children or grandchildren or even give the property away if they want to. Emphases that a deeded timeshare is just like your every day home. Unlike a lease timeshare, they own it forever!

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