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What is abandoned time share?

Updated: 8/16/2019
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11y ago

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In the context of real estate, this phrase may be used to describe a unit with an owner who has quit paying fees, no longer uses the unit, or has otherwise ceased to participate in the time-share ownership.

In order to apply this label, the time share agreements may indicate some time period required -- of inattentive action by an owner -- or other criteria that must be met before this phrase can legally apply to a time share unit.

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