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What does deeded property mean?

deeded mean Property
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What does deeded property mean?

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Deeded property means that the timeshare interest owned is owned in fee simple (the same as ownership of a primary residence) and the timeshare owner is provided a deed to their interest in that portion of the property represented by the timeshare week or interest owned. Owners of points generally have a number of points that are placed in their points account annually and are used as a form of currency to make reservations. However the underlying value of the points is a deeded week or weeks of timeshare to which point values have been assigned based upon the vacation value of the underlying weeks. 4.

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