What Is Timeshare And How Did It Begin?
Timeshare is just another word for undivided interest. It basically refers to the sharing of a title, whether it involves real estate, land or boats. Implement this program by establishing memberships or having the project developer hold the title. The corporation, if one is formed, may hold the title, with the partners having limited liability. You may also establish timesharing as a strictly undivided interest, with all parties holding a deed for their individual interest.

What’s so good about sharing ownership of a boat?
A nice benefit of timeshare is that once you have purchased your time interval, the price is fixed. If you and your fellow owners maintain the boat well, the cost of your intervals will not increase. Here’s another cost-savings to consider. Chartering or renting a boat for just one or two weeks a year is an expensive proposition. Owning your own time on a boat will bring the cost down to a small annual fee for maintenance and management.