Properties split among people in 1117 (10)
I believe the answer is:
timeshares
'split among people in 1117' is the definition.
I know nothing about this answer so I cannot judge whether it can be defined by this definition.
'properties' is the wordplay.
I cannot quite see how this works, but
'properties' could be 'times' (time is a kind of property) and 'times' is present in the answer.
The remaining letters 'hares' is a valid word which might be clued in a way I don't see.
This explanation may well be incorrect...
Can you help me to learn more?
(Other definitions for timeshares that I've seen before include "holiday schemes (might be dodgy)" , "offering holiday accommodation?" .)