Given that the high season might stretch from December through March, this provides the owner a little trip flexibility. What type of property interest you'll own if you purchase a timeshare depends upon the kind of timeshare acquired. Timeshares are usually structured either as shared deeded ownership or shared rented ownership. With shared deeded ownership, each owner is given a portion of the genuine residential or commercial property itself, correlating to the quantity of time bought. The owner gets a deed for his/her portion of the unit, specifying when the owner can utilize the property. This indicates that with deeded ownership, numerous deeds are released for each residential or commercial property.