Many a beach resort condo LA Times Crossword Clue Puzzle Answer from June 24, 2024

Many a beach resort condo LA Times Crossword Clue Answer

Let’s find the answers to Many a beach resort condo LA Times for the June 24, 2024 edition of LA Times crossword puzzle. Answer Contains 9 letters. Start with T and end with E, and the possible solutions are THUMBHOLE, THYLACINE, TIMESHARE.

The answer is TIMESHARE

A "TIMESHARE" refers to a property ownership model where multiple individuals share ownership and use of a vacation property, typically a condominium unit, during different times of the year. Each owner purchases the right to use the property for a specified period annually, usually one or two weeks, and the schedule of usage is typically determined in advance through a rotating calendar or reservation system.

TIMESHARE arrangements are popular in beach resort areas and other vacation destinations where individuals or families desire regular access to vacation accommodations without the full expense and responsibility of owning a second home year-round.

This model allows owners to enjoy the benefits of a vacation property during their allotted time period, typically paying an initial purchase price and annual maintenance fees to cover upkeep and management costs.