Question

In a timeshare freehold, owners acquire

a) Ownership of the property
b) Exclusive usage rights
c) A leasehold interest
d) Shares in a corporation

Answer 1

In a timeshare freehold, owners acquire exclusive usage rights to a property. They do not gain ownership of the property itself.

Step-by-step explanation:

In a timeshare freehold, owners acquire exclusive usage rights to a property. They do not gain ownership of the property itself. With timeshare freehold, multiple owners share the rights to use the property for a specified period of time each year. These rights can be bought, sold, or inherited, but they do not give the owners ownership of the property itself.