Leon and Beth own 1/13 of a timeshare estate. They own weeks 20 and 21, and also weeks 40 and 41.

The Question: Leon and Beth own 1/13 of a timeshare estate. They own weeks 20 and 21, and also weeks 40 and 41. These weeks are inheritable. What type of ownership is this?

Answer: Fee simple
Timeshare estates are owned as fee simple estates. They convey all rights of ownership and can be sold or passed down to heirs.

Leave a Reply

Your email address will not be published. Required fields are marked *