Definition

Ownership in a time period or a point system granting possession rights to a unit or occupancy rights at a property. The property may be owned either by a number of individuals on a fractional basis, or may be an interest in a corporation each with the right of possession for a specified time interval. Time-sharing is commonly applied to resort and vacation properties.

 

Lookup Value: Timeshare

Legacy OData Value: Timeshare

Lookup Name: CommonInterest

Synonym(s):  --

Element Status: ACTIVE

BEDES: --

Revision Date: OCT 24 2016

Version Added: 1.6.0

Lookup Name ID: f880a9b

Lookup ID: d231f9c

References: RESI,RLSE,RINC,LAND,MOBI,FARM,COMS,COML

Spanish (Lookup Display Name): Multipropiedad

French-Canadian (Lookup Display Name): --

Lookup Status Change Date: AUG 09 2017

Usage

CommonInterest (Property)

  • 18% of Systems (3/17)
  • 2% of Organizations (8/501)

For more information on items displayed on this page, see Data Dictionary Terms and Meta Definitions.

Page Revision Date: Nov 08 2023

Form: LookupValue