Buying a timeshare is a real estate transaction that provides partial ownership of a vacation property. Owners can visit their timeshare a set number of days a year when others who share ownership in the same property are not using it. It usually comes with a maintenance fee owners must pay, ranging from hundreds to thousands of dollars a year, indefinitely, unless you sell the timeshare.
If owners don’t use their timeshare, they still must pay the maintenance fee. But as they get older, some owners are eager to stop paying that fee by selling the timeshare.
