Because the high season may stretch from December through March, this offers the owner a bit of holiday flexibility. What type of home interest you'll own if you buy a timeshare depends upon the kind of timeshare bought. Timeshares are usually structured either as shared deeded ownership or shared leased ownership. With shared deeded ownership, each owner is approved a percentage of the real estate itself, associating to the amount of time bought. The owner receives a deed for his or her percentage of the system, specifying when the owner can utilize the home. This indicates that with deeded ownership, numerous deeds are issued for each property.