Timeshare is one of the vital elements of the contemporary tourism industry. It has recently been used in many countries as an ownership system of housing units in tourist destinations for the purpose of holidays. It has been successfully used in Egypt since the 1990s. Despite its importance to the industry, there is lack of understanding of the legal issues related to timeshare in Egypt. Therefore, the purpose of this study is to explore various systems of timeshare around the world from the legal point of view and compare them with the Egyptian version in order to identify key aspects of the legal framework of timeshare in Egypt.  The study relies mainly on the descriptive analytical approach.