What are the two types of timeshare ownership?

The two types of timeshare ownership are indeed timeshare estate and timeshare use.

Timeshare estate refers to a form of ownership in which individuals hold a deeded interest in a specific unit for a designated period each year. This means the owner has a real property interest and can sell, will, or transfer their share. It often provides more security and permanence for the owner.

Timeshare use, on the other hand, typically refers to a right to use the property without outright ownership. This arrangement might involve a lease or membership structure, where rights are granted for a certain time frame each year, but the user does not have ownership rights like those of a timeshare estate.

These distinctions are essential as they affect how the timeshare operates, the rights of the owners, and how the property can be utilized or transferred.