What is a Deeded Timeshare Property?
With the purchase of a Deeded Timeshare Property you would receive a deed conveying to you ownership of a given week and unit. The deed is recorded with local governmental agencies such as a County Recorder or Assessor. If your property has a float week or float unit, your deed will show a 1/52 ownership at that resort. With a deeded property the owner has a voting right in decisions regarding maintenance, fees, and operations. You will receive Codes, Covenants, and Restrictions that are binding to all current and subsequent owners. The owner may sell, rent, give away, donate, or bequeath to heirs, just like a typical property.
