The renting of a single piece of real estate, often a vacation home, to many different parties, each having a specified block of time during which they may use it.
Interval ownership of real estate, such as the right to use a resort condominium for two weeks per year.
A form of property ownership under which a property is held by a number of people, each with the right of possession for a specified time interval. Time-sharing is most commonly applied to resort and vacation properties.