FOLIO Ontology

Identification

IRI:
https://folio.openlegalstandard.org/RDjZR2Ci5EFAMKJbMe4rwje
Label Timeshare Asset
Preferred Label Timeshare
Identifier N/A
Alternative Labels

None

Definition

Timeshares are a form of fractional ownership where multiple parties hold rights to use a property, typically a vacation home or resort unit, for a specific period each year. The ownership structure and usage rights can vary, but generally, timeshare owners are obligated to pay an initial purchase price along with recurring maintenance fees, and they may be able to exchange their timeshare for different locations through a network.

Class Relationships

Is Defined By

N/A

See Also

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Parent Class Of 0

  • None

Class Hierarchy Visualization

Interactive graph showing class relationships - click on any node to navigate to that class

Additional Information

Metadata

Comment

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Description

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Notes

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Editorial Information

History Note

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Editorial Note

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Deprecated

No

Source and Origin

No source or origin information available