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What is the difference between deeded and leased timeshares?

deeded leased timeshares
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What is the difference between deeded and leased timeshares?

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Deeded Timeshare – Like any other real estate purchase in that after you buy timeshare, you own it outright forever. It may be sold, rented or even willed to your heirs. It is yours to use indefinately. Leased Timeshare – Gives you the right to use a specific week or weeks at the property for a set number of years (usually 20-99. The right to use the property normally returns to the selling resort at the end of the lease period.

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