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What is a timeshare fractional membership?
Answered By Mel Tremaine, Editor
A timeshare fractional membership is a vacation real estate development owned by several members and operated for their enjoyment. This means that each member owns a fraction of the unit ranging from four to twelve owners per unit, a club residence as well as an interest in the club facilities and common areas.
--- permission must be obtained from editor Mel Tremaine to re-publish ---
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