Fractional Ownership and Timeshares are worlds apart in terms of value, re-saleability, financial consideration, number of owners per residence, typical quality of property, and more. Despite this, Fractional Ownership often gets lumped in with shared ownership descriptors such as Private Residence Club, Co-Ownership, vacation home partnership and timeshare. Note this often occurs because the property usage of Fractional Ownership and Timeshare is allocated based on time, and therefore both often fall within most legal definitions of a “timeshare”, which means it can be subject to restrictions and requirements applicable to the creation and sale of property that is shared on a use schedule. Nevertheless, there are significant practical distinctions between most arrangements called Fractional Ownership and more traditional timeshares. The distinctions between the two are best illustrated in a chart where we compare each aspect of “ownership” on a micro scale.