Study On The Legal Character Of Timeshare Interest

Timeshare is a loan word for Chinese. It means the owner of real estate fall the interest into time units and sell them to consumers. Timeshare interest is multiple right that timeshare consumer enjoyed, which on the timeshare accommodation. The timeshare system had solved the real estate backlog and the problem of less money for higher value of tour. In fact, it also brought a huge of job opportunities and abundant revenue. Unfortunately, when the system is transplanted into our nation in the last decennium of 20 century, a great many malignant scandals happened in this area. The situation of that is caused by hiatus of law. It means the law cannot protect the interests of timeshare consumers. To improve timeshare legislation, first step is make clear the nature of the right, find out the exterior of the right which need protect by law. This is the very study destination for this thesis. Based on this purpose, this thesis researches into the timeshare system itself in the first place. We will systematically comprehend timeshare system s and timeshare interest's background, nature, classification, identification, its connection and difference with other similar systems. Thereafter we compared the law of nations which timeshare system work well, to find out some valuable experience. Then we will reviews and comment the traditional theory on the nature of timeshare interest of Chinese legal scholars. At last, we get a conclusion that the timeshare interest is usufructuary right, and given the Chinese timeshare legislative proposals by the analysis of the judicial case which appear in social practice at our country.