Who is defined as a purchaser in terms of timeshare ownership?

The definition of a purchaser in terms of timeshare ownership refers specifically to any buyer of a timeshare. In this context, a purchaser is someone who has entered into a legal agreement to buy a right to use a timeshare unit, which grants them certain rights and responsibilities associated with that property.

This definition is important because it establishes the legal standing and obligations of individuals who invest in timeshare properties. A purchaser benefits from the usage rights associated with the timeshare, unlike other individuals who may interact with the property, such as vacationers who merely utilize it without any ownership claims.

The other options do not fit this definition. Vacationers might enjoy the amenities of a timeshare resort but do not have ownership rights. Tenants renting a timeshare unit have a short-term access arrangement and do not own any part of the timeshare. Real estate appraisers might assess the value of timeshare properties but do not have any ownership or purchasing status in relation to them. Understanding the definition of a purchaser helps clarify the roles and rights in timeshare agreements.