What Does it mean to Own a Timeshare?


Being a timeshare owner can mean slightly different things depending on whether you are a deeded owner or a right to use owner, but there are some general timeshare ownership stipulations that are important for both types of owners to understand. Both deed and title owners and right to use owners are legally and contractually tied to their property. This is of note because there are real repercussions aside from simply losing your timeshare for those that do not pay monthly fees, maintenance fees, etc.Owners should also know that once a timeshare contract is made it is... Read the rest of this entry »

RCI Timeshare Ownership


The two most common types of timeshare ownership are "deed and title ownership" and "right to use ownership". "Deed and title ownership" usually refers to timeshares where use of the timeshare resort is divided up in weeks. The fractional owner of any set week in deed and title ownership has rights to that real property and can use the week, rent the week, give it away, or leave it to their heirs. "Right to use ownership" is a type of contract, not an actual deed, and the timeshare owner has the right to use the property in accordance... Read the rest of this entry »

Tips and Suggestions Before Buying Timeshare


Here is a list of 8 important things to keep in mind when purchasing a timeshare:

  1. Do not be pressured into signing at the initial presentation - you can take a little bit to think about making such a huge commitment. Being aware of the different tactics employed by timeshare sales associates will help with this.
  2. Be informed about the different type of seasons at timeshare resorts. RCI uses red during seasons of high demand, yellow during seasons of moderate demand, and green meaning off season or low demand.
  3. Make sure your week offered... Read the rest of this entry »