Timeshare Evaluation
The timeshare appraisal process is a process that is done carefully by many people. Evaluation of timeshare is of great importance so that the person does not face bigger problems later on. During the evaluation of the timeshare, many information can be easily accessed by researching from different fields.
In order to make a timeshare evaluation, first of all, it is necessary to have knowledge about timeshare. So what is a timeshare? How is timeshare used?
What is Timeshare?
A timeshare is the presentation of the apartments of a suitable building used as a residence to the use of different people at certain times of the year. Timeshare, which is known as a timeshare real estate type that offers common ownership rights, appears as a more preferred type of accommodation in summer or thermal holiday villages.
How to Use Timeshare?
The use of timeshare is an issue that many people are wondering about. Contrary to many opinions, using timeshare is actually not that difficult. Although the dervemulk can be rented, it can also be purchased to be used within certain periods every year.
People who buy timeshare to use during certain periods of the year can also give or transfer the rights to their acquaintances. When the timeshare is not going to be used, the right to rent to someone else is a right of the person buying the timeshare. In case the timeshare owner dies, the right to use the property passes to his heir.
How to Buy Timeshare?
Buying a timeshare is a possible transaction. It is also possible to rent a timeshare. To purchase a timeshare, certain transactions must be performed. First of all, for the purchase of timeshare, it is necessary to make a transaction in the title deed, as in other types of real estate.
A timeshare contract is signed between the seller and the agent. In this contract, it is stated between which dates the house is suitable for use, what expenses the owner of the timeshare is responsible for meeting, the common use areas and the rights and responsibilities on the area.
After the signed contract is added to the declaration section of the land registry, the title deed of the property is taken. The documents required to obtain the title deed are:
Identity card or passport with Turkish Identity Number
Document stating that title deed costs have been paid