TRI West Timeshare - Mario's Timeshare Tips - Tip 13

Tip 13 - Ownership Types	Buyer 1 Portfolio Buyer 2 Ownership
And how is this for flexibility...

Although there are a number of marketing techniques and names to sell timeshares, there are basically only two types of timeshare ownership. That is deed ownership or right to use ownership.

DEED OWNERSHIP AND RIGHT TO USE (RTU) OWNERSHIP ARE THE TWO BASIC TYPES OF TIMESHARE OWNERSHIP.

   1. Deed - ownership interest providing title to
             the property.
             
   2. RTU  - occupancy rights for a specified number
             of years, but no ownership interest in
             the property.

Each type of ownership can also be:

   1. Fee or Leasehold (property located on leased land)
   2. Fixed (time period fixed each year either by date
      or week number) or Floating (time period defined 
      by a season and must be requested and reserved
      on a annual basis.)
   3. Sold by a set number of annual occupancy days or
      in the form of points to be used according to a
      specified formula.

A possible third type of ownership, know as club ownership allows you the occupancy rights in a number of different resorts within the club. However, the basic ownership in the club is still either deed, RTU, or both.