As far as TS, I never thought of it like owning anything as you don't get a deed, title no closing at Notary etc. Its really a contract for the right to use time with the owner, company. To me...If you don't get it by now the term "owner" is just a marketing tool but its never been legal ownership, just a contract for time. It happens all the time in the USA that contracts get broken and people loose money. I am not so sure the law in the USA is that much different when it comes to property being foreclose on when banks or lenders are involved. It always gets messy and horrible to go through.