What is the Difference Between Deeded, Leased and RTU Timeshare Resales?
A deeded timeshare resale property is similar to traditional real estate in that you will own the timeshare indefinitely. Accordingly, the deeded property can be sold, rented, given away, donated or even willed to your heirs. Leased timeshare resale properties and RTU (right-to-use) timeshare resale properties are the same thing. Leased timeshare ownership enables you to use a specific week at the property for a set amount of time, typically ranging from 20 to 99 years. When the lease matures, the right to use the property terminates, and the timeshare interest normally returns to the resort.