Timeshare
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  Timeshare



Timeshare

   A form of multiple ownership of a piece of property in which each owner has access to the property for a period during the year.

RELATED TERMS
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Ownership
The right to possess and use property to the exclusion of others.

Property
The rights of ownership. The right to use, possess, enjoy, and dispose of a thing in every legal way and to exclude everyone else from interfering with these rights.

Access
Any means by which a person can enter property.



SIMILAR TERMS
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Time is of the essence
Legal phrase in a contract requiring punctual performance of all obligations.

Time-weighted average annual rate of return
The constant annual return over a series of years that would compound to the same return as compounding the actual annual returns for each year in the series.



PREVIOUS AND NEXT TERMS
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Thrift
A financial institution established to promote "thrift" by accepting savings deposits, and to make home mortgage loans.

Tie in arrangement
A contract where one transaction depends upon another transaction.

Tied agent
An adviser who gives advice on a single company's products.

Tier (township strip)
A strip of land six miles wide, extending east and west and numbered north and south according to its distance from the base line in the rectangular (government) survey system of legal description.

Time is of the essence
Legal phrase in a contract requiring punctual performance of all obligations.

Timeshare

Time-weighted average annual rate of return
The constant annual return over a series of years that would compound to the same return as compounding the actual annual returns for each year in the series.

Timing
Refers to the length of time one must wait to receive cash flow from an investment.

Title
1) The rights of ownership and possession of particular property. 2) In real estate usage, title may refer to the instruments or documents by which a right of ownership is established (title documents), or it may refer to the ownership interest one has in the real estate.

Title 1
An FHA-insured loan that allows a borrower to make non-luxury improvements (like renovations or repairs) to their home.

Title company
A company that specializes in examining and insuring titles to real estate.

This dictionary contains 6433 terms.
      












                    © Real Estate Dictionary 2005 - All rights reserved -

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