The biggest early misconception about timeshares is that they were an investment in real estate and like all real estate (in the 80's) they would have short term appreciation. Timeshare is an investment in a vacation lifestyle that pays off over time, and provides more benefits the longer you own and use it. If you like to vacation and want the benefits of a luxury suite for the price of a normal hotel room .... then timeshare is for you.

Timesharing is a unique way to own or use resort accommodations for a certain period of time each year without the responsibility of year round ownership. Timesharing is a way of dividing the ownership of a vacation home into a number of individually held intervals or time periods. Once divided, the use and the cost of maintaining the resort dwelling is split among the individual owners based on the number of weeks each has purchased.Resort timesharing can be categorized into two broad areas:

• Buying an OWNERSHIP INTEREST in real estate

• Buying the RIGHT TO USE a living space for a specified number of years without actually owning an interest in the real estate.

Ownership interest offers buyers the dual protection of title to the property and title insurance. Owners can will, lease, or sell their interest as well as mortgage their interest and may enjoy the same tax benefits as with home ownership. Non-Ownership or Right to Use timesharing allows the buyers occupancy rights for a specified number of years, but does not place membership families in an equity position. There may be limitations on the rental or resale of the interest and when the membership period ends the occupancy rights revert to the owning entity.