Ownership that operates for a limited number of years. Under this plan, the purchaser is purchasing time and the rights of usage for a prescribed number of years (usually 10 to 50 years). At the conclusion of that time frame, the purchaser loses any future rights of this lease form but, if desired, can repurchase an extension of time from the developer. During the leased interval the developer retains full ownership of the real estate and personal effects of the apartment and has his overhead (maintenance costs) paid by the purchaser. Generally, no equity is accumulated by the owner and the resale possibilities may be seriously hampered by clauses in the lease contract as well as being only capable of selling the remaining number of years in the contract. The developer maintains ownership of the property. The purchaser only reserves the right to use one or more resort accommodations for a that specified number of years after which all use rights again return to the developer. These plans come in a variety of forms, most commonly called club membership.