Sunday, November 4, 2007

Timeshare Q&A: Understanding Types Of Timeshares Available

* What are the different types of timeshares available?
Timeshares are available in two basic types ? 'fee simple' and 'certificate.' Fee simple is similar to the ownership of one's home, while certificate is similar to a lease like renting an apartment. Another term for a fee simple ownership is deeded timeshare property. Fee simple ownership is like owning your own home and you receive a deed to the timeshare. On the other hand, certificate ownership, also known as right-to-use, gives you the ability of owning a timeshare for a specific amount of time, much like renting an apartment, only much longer. There are also some different consumer choices.
Examples of these timeshares include:
? Fixed week
? Floating time
? Points
? Multi-location < View the rest of this article


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