Property Ownership
In Kentucky, a 'time-share estate' allows the purchaser to:
AOwn a full fee simple interest in the entire property
BOwn an undivided interest in a property with the right to use it for specified periods✓ Correct
CShare a mortgage with other timeshare owners
DRent the property to other timeshare purchasers
Explanation
A time-share estate grants the owner an undivided interest in property with the exclusive right to use it for specified recurring periods (typically one week per year) shared with other timeshare owners.
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