What does deeded property mean?
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.