What is abandoned time share?

In the context of real estate, this phrase may be used to describe a unit with an owner who has quit paying fees, no longer uses the unit, or has otherwise ceased to participate in the time-share ownership.


In order to apply this label, the time share agreements may indicate some time period required -- of inattentive action by an owner -- or other criteria that must be met before this phrase can legally apply to a time share unit.