Interval ownership, also called timeshare or fractional ownership, is a practical way of owning a suite or condominium for only the periods of time during the year when you want to use it for vacations. The advantages of this type of vacation ownership are many, but perhaps the most outstanding benefit is that you only pay for what you use. As an owner of a timeshare, you have all the rights and privileges of other property owners because the property is fully deeded to you. However, costs of maintenance, utilities, taxes, upkeep and administration are kept to a minimum because they are divided among all the owners of the timeshare property. East West Resorts offers some of the nicest and well-managed Colorado timeshares for sale.