Timeshare is a common name for various legal relationships created on the basis of a timesharing contract, from which the right to use a certain object derives. Originally, the object of use was only real estate, while later movable property was also included. Timeshare, or the contract for the right to time-limited use, was legally regulated for the first time in the European Union by Directive 94/47/EC, adopted by the European Council in 1994. Directive 2008/122/EC from 2009, which supplemented the previous Directive, covered a wider field of timesharing application, strictly defined the rights and obligations of traders and consumers, and increased the safety of consumers. The legal regulation of timeshare contracts in the Republic of Croatia can be traced through the Consumer Protection Act since 2003, and since the Republic of Croatia is a member of the European Union, it is also subject to the application of Directive 2008/122/EC. Regardless of the legally regulated institute of timesharing, contracting it in the Republic of Croatia is still not as common as in the countries of Western Europe or the United States of America.