Many timeshares are in fact real property. However there are some time shares that are more like a membership in a club.
The timeshares that are real property generally are for a certain property, at a certain time period, These are fee-simple, deeded properties. The timeshares that are more of a membership, let you stay at one of a group of properties managed by a certain company.
Be sure to carefully read the sales materials of a timeshare to see if it is real property, and never buy a timeshare on the same day you attend the sales presentation. Sleep on it. If it is a good deal, it will be there tomorrow.
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