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.

Standard Lookup Value: Timeshare

Legacy OData Value: Timeshare

Lookup Name: CommonInterest

Synonym(s):  --

BEDES: --

Lookup Name ID: f880a9b

Lookup ID: d231f9c

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

Spanish Lookup Value: Multipropiedad

French-Canadian Lookup Value: Multipropriété

Status Change Date: AUG 09 2017

Revision Date: JUN 17 2021

Added in Version: 1.6.0



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


Page Revision Date: Sep 14 2022

Form: LookupValue

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