This implies as an owner, you may be limited from offering or otherwise moving your timeshare to another. Due to these factors, a leased ownership interest may be acquired for a lower purchase cost than a comparable deeded timeshare. With either a leased or deeded kind of timeshare structure, the owner purchases the right to utilize one specific residential or commercial property.To offer greater versatility, lots of resort developments take part in exchange programs. Exchange programs allow timeshare owners to trade time in their own home for time in another taking part property. For example, the owner of a week in January at a condo unit in a beach resort may trade the home for a week in an apartment at a ski resort this year, and for a week in a New york city City accommodation the next.