Time-sharing is a system that allows multiple users to access and use a computer or resource simultaneously. This method divides the available time of the system among users, enabling them to perform tasks without waiting for their turn. It is commonly used in operating systems to manage resources efficiently. In the context of real estate, time-sharing refers to a property ownership model where multiple parties share the use of a vacation property. Each owner has the right to use the property for a specific period each year, making it a cost-effective way to enjoy vacation homes without the full financial burden of ownership.