Deeded Ownership: A timeshare product that is evidenced by an actual deed to a specific property or unit. Deeds are recorded in the county in which the property is located.

 

Related Words

Deeded Ownership: A timeshare product that is evidenced by an actual deed to a specific property or unit. Deeds are recorded in the county in which the property is located.

Public Ownership: The portion of a company's stock that is held by the public.

Holiday Ownership: Synonymous with vacation ownership, another term for timeshare.

Ownership: Rights to the use, enjoyment, and alienation of property, to the exclusion of others. Concerning real property, absolute rights are rare, being restricted by zoning laws, restrictions, liens, etc.

Total Cost Of Ownership (TCO): The real amount an asset will cost. Example: An accounting application retails at $1000. Support - which is mandatory, costs a further $200 per annum. Assuming the software will be in use fo . . . View Full Definition

Vacation Ownership: Synonymous with 'timeshare'

Unity Of Ownership: The four unities that are traditionally needed to create a joint tenancy-unity of title, time, interest and possession.

Fractional Ownership: Timeshare ownership of two or more weeks at the same resort during a calendar year. Generally defined as ownership in intervals of more than one week and less than whole ownership. 'Fraction . . . View Full Definition

Farm Ownership (FO) Loans: Subtitle A of the Consolidated Farm and Rural Development Act, as amended, authorizes the Farm Service Agency (formerly fmha) to make direct and guaranteed farm ownership loans to eligible f . . . View Full Definition

Concurrent Ownership: Ownership by two or more persons at the same time, such as joint tenants, tenants by the entirety, tenants in common or community property owners.