An owner with a leasehold in a timeshare condominium has what regarding their timeshare?

The correct answer highlights that an owner with a leasehold in a timeshare condominium is granted access to the property for a designated interval of time. In a leasehold arrangement, the individual does not hold ownership of the property itself, but instead has the right to use it during specified periods, usually outlined in the lease agreement. This typically involves a set time of the year when the owner can occupy the unit, aligning with the concept of timesharing as a way to share property usage among multiple owners.

Full ownership rights are associated with freehold ownership, where the owner has complete control over the property, including the ability to sell or transfer it. A leasehold, in contrast, limits these rights to a temporary period defined by the lease terms.

Permanent residency implies a continuous and indefinite right to live in or utilize the property, which is not applicable to leasehold arrangements. Lastly, conditional rights usually involve stipulations that may affect the ownership or usage of a property based on certain criteria, whereas leaseholds provide a clear and fixed usage time without contingent conditions once established.