What Is A Timeshare And What It Isn’t
Timeshare is a legal contract and long-term financial decision that you should thoroughly understand and think through before buying.
Purchasing a timeshare outside of a resort on the resale market from an existing owner can save you 75 to 99% off the resort-direct price.
So, what is a Timeshare Ownership? There are four different types.
1. A Fixed Week
This type of timeshare ownership means you have the right to use a particular room type a specific week every year.
2. A Floating Week
A floating week timeshare means that you aren’t guaranteed the same week every year for vacation
3. An Allotment Of Points
ed on your purchase package, owners receive a
set number of points a year
that act as currency they can use to make re
sort reservations within their timeshare chain.
4. Fractional Ownership
So instead of just a week or a set amount of points, we hold a larger piece of a specific unit at a particular resort.
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