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Properties are owned by one person, or a company usually, however, sometimes a group of people can own a property. This is known as a time-share. Time-shares are shared so that at a certain time in the year, the part owners may go live there for a scheduled amount of time. A time-share can be bought in the same country, or in a foreign country. A part owner can sell their part ownership of the time-share at any time, though that would release the right that they have to stay at that property for free, though they could pay to.