Which type of timeshare ownership provides the buyer with a permanent interest in a property?

Deeded ownership provides the buyer with a permanent interest in a property. This form of ownership means that the buyer holds a legal title to a specific unit or property for a designated period, typically through a deed that records their ownership rights. This ownership is often transferable, meaning it can be sold or passed on to heirs, which distinguishes it from other types of timeshare arrangements.

In contrast, right-to-use ownership grants the buyer the right to use a property for a specified number of years but does not confer any ownership interest in the property itself. Similarly, a leasehold interest implies that the buyer leases the property for a certain duration, after which the rights revert back to the owner. Fractional ownership may involve sharing ownership among multiple buyers, but it does not offer the same indefinite and permanent legal interest as deeded ownership.

Understanding the permanence of deeded ownership is crucial for potential buyers as it reflects their long-term investment and entitlement to the property, unlike the other arrangements that may have limitations or time constraints.