Time Share Costs

The costs associated with a property whose ownership is held by a number of people, each with a right of possession for a specified time interval. Time-Sharing is most commonly applied to resort and vacation properties; also known as Vacation Interest. The costs include the costs to build or acquire a vacation project, the estimated cost needed to complete a project under construction, the total revenues expected to be earned on a project, and the projected revenues relating to the recovered purchase on future cancelled sales.