Are There Different Types Of Timesharing Plans?
There are two main types of timesharing plans: deeded and non-deeded. With the deeded timeshare, you buy an ownership interest in a piece of real estate. In the non-deeded timeshare, you buy a lease, license, or club membership that lets you use the property for a specific amount of time each year for a stated number of years. With both timeshare plans, the cost of your unit is proportionate to the season and length of time you want to buy. A winter week in a warm climate is likely worth more than a summer week.
