Is the term used by developers and sales centers to introduce the concept of Floating Time and Floating Weeks, and distinguish it from the original timeshare product, which was often Fixed Weeks in Fixed Units.
Where title in a property is shared among a group of people, each of whom is entitled to occupation of the property for a specified period of time each year. Also known as "time-sharing".
A form of time share ownership. See Time share ownership.
Sometimes called time-sharing. The segregation of ownership in real estate property over a stated time period, such as one or two weeks yearly. Often used for vacation properties. The time-share owner has the right to use the property on the same dates each year.