What is a “Lockoff” or “Lockout” unit?
“Lockoff” or “lockout” units are constructed so that they may be divided into two or more smaller units for exchange or usage purposes. For example, a two-bedroom lock-off may be divided into a one bedroom and a studio, or some other configuration, which the particular resort will provide. If you own one of these types of units you have the ability to trade both parts of the unit for two weeks. Or if you prefer, you can use one of the parts for exchange purposes and vacation in the other part, giving you the ability to vacation an additional week each year. The real plus here is that even though you have the ability to have two weeks of vacation, you still only pay one maintenance bill.