What timeshare ownership options are available?
A. With the increasing popularity of timesharing, many varieties of ownership – and ownership alternatives – have become available. The type of purchase options available will vary based on the resort you are interested in; options are determined by the resort management company. As a general rule, the most popular options are: – Deeded Property: This means the Property Title never expires. Once purchased, the property remains yours until you decide to sell it. Additionally, deeded property may be passed on to heirs. This is the most common type of time-share ownership. – Life Property: Similar to Deeded, this option allows members to visit the resort each year of their lifetime. After owner’s death, the property reverts back to the resort. – Leased/Certificate Property: This is a membership right to a particular timeshare for a specified number of years or visits. This is a popular option for families that have children, allowing the lessee to enjoy annual visits to a popular family l