What is a timeshare? Know the Answer Before Investing Timeshares have been around for a long time, and everyone seems to know that they’re used for vacations, but people still often ask the question, “‘What is a timeshare?” If you’re thinking of investing in a timeshare, you need to know the answer to this question before making a decision. What is a Timeshare A timeshare is a property which is owned by multiple people or parties. Typically resort condominium units, timeshares are owned by several parties with each party being entitled to use the property for an allotted period of time. This period varies, but it is generally one week,…