Given that the high season might extend from December through March, this offers the owner a little bit of holiday versatility. What sort of home interest you'll own if you purchase a timeshare depends on the kind of timeshare bought. Timeshares are generally structured either as shared deeded ownership or shared leased ownership. With shared deeded ownership, each owner is granted a portion of the genuine home 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 property. This implies that with deeded ownership, many deeds are released for each property.