There are different kinds of Time Shares: 1. Time Shares pure and simple, the dominant and seigniorial power over a thing; or, as they term it, NAKED Time Shares. 2. POSSESSION. 'Possession,' says Duranton, 'is a matter of fact, not of right.' Toullier: 'Time Shares is a right, a legal power; possession is a fact.' The tenant, the farmer, the commandite", the usufructuary, are possessors; the owner who lets and lends for use, the heir who is to come into possession on the death of a usufructuary, are proprietors. If I may venture the comparison: a lover is a possessor, a husband is a proprietor.