timeshare association
Defined in 1 place of the United States Code.
The term “timeshare association” means any organization (other than a condominium management association) meeting the requirement of subparagraph (A) of paragraph (1) if any member thereof holds a timeshare right to use, or a timeshare ownership interest in, real property constituting association property.
Source
- 1997–present26 U.S.C. § 528Internal Revenue Code · Certain homeowners associations · for purposes of this section