Since the high season may stretch from December through March, this offers the owner a bit of holiday versatility. What kind of home interest you'll own if you buy a timeshare depends upon the kind of timeshare bought. Timeshares are usually structured either as shared deeded ownership or shared leased ownership. With shared deeded ownership, each owner is approved a portion of the real estate itself, associating to the quantity of time bought. The owner receives a deed for his/her percentage of the unit, specifying when the owner can use the residential or commercial property. This means that with deeded ownership, many deeds are released for each residential or commercial property.