Property Ownership
In Ohio, a 'time-share' is a form of:
AFee simple ownership of a vacation property shared by multiple owners who each have exclusive use during certain periods✓ Correct
BMonth-to-month rental of a vacation property
CCommercial timeshare only
DA joint tenancy between Ohio residents only
Explanation
A time-share gives each owner the right to use the property during a specified period each year. It may be structured as a fee interest (deeded) or a right-to-use (leasehold) interest.
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