What is the meaning of time-sharing?

time-sharing is a modern approach to communal ownership and use of real estate that permits multiple purchasers to buy undivided interests in real property (usually in a resort condominium or hotel) with a right to use the facility for a fixed or variable time period. Under time-sharing forms of ownership, potential purchasers of property buy fixed or floating time periods for use of a specific apartment within a project.

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APABarry Goldsmith. (2010). time-sharing. Retrieved September 21, 2026, from http://smartdefine.org/time-sharing/definitions/1165242
ChicagoBarry Goldsmith. 2010. "time-sharing" http://smartdefine.org/time-sharing/definitions/1165242 (accessed September 21, 2026).
HarvardBarry Goldsmith 2010, time-sharing, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/time-sharing/definitions/1165242>.
MLABarry Goldsmith. "time-sharing" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/time-sharing/definitions/1165242>