Final answer:
A fixed timeshare ownership is a type of timeshare where the owner acquires title to a specific property for a certain period each year.
Step-by-step explanation:
A timeshare ownership in which the owner acquires title to a specific property for a certain period of each year is known as a fixed timeshare. In this type of timeshare, the owner has the right to use the property during the same designated time each year. For example, if an owner has a fixed timeshare for the second week of June every year, they will have the right to use the property during that specific period.
Learn more about timeshare ownership