What type of ownership do the majority of timeshare owners purchase?

The majority of timeshare owners purchase a fee simple deed and title because this type of ownership grants them a more comprehensive set of rights compared to other options. When a timeshare is sold as a fee simple interest, the owner obtains a deed that provides them with full ownership of their share of the property. This means they have the right to use the property for a designated period each year and can also exercise options such as selling, renting, or transferring the ownership, similar to traditional real estate ownership.

This contrasts with leasehold interest, where the owner doesn't have full rights to the property and is subject to a lease agreement which can limit their control or duration of ownership. Rental agreements imply that the owner does not have any ownership rights; rather, they are renting the property, which does not provide the same security or investment benefits. Shared equity suggests a joint ownership where multiple parties hold a stake, which is less common in timeshare arrangements that typically emphasize individual ownership rights for designated periods. Thus, fee simple is the most prevalent form of timeshare ownership, ensuring stability and long-term value for the owner.