Which type of timeshare involves a lease arrangement?

The type of timeshare that involves a lease arrangement is the right to use timeshare. In this structure, a buyer does not actually purchase real estate; instead, they acquire a right to use the property for a specified time period each year, typically through a lease agreement that grants them access to the property for a specific duration. This means that the buyer does not own a share of the property in the traditional sense but has the right to enjoy the property during their designated time.

This model is particularly appealing for those who want to enjoy vacation properties without the responsibilities that come with ownership, such as maintenance, property taxes, and homeowners association fees associated with fractional ownership or equity timeshares. The right to use arrangement allows for flexibility and often a lower initial investment, as the user is merely leasing the right to utilize the property rather than investing in ownership.