The company owning the resort.  Responsible for constructing the accommodations on-site and selling the product.

The system that allows timeshare owners to trade the accommodations they own for comparable accommodations or travel-related services.  Most resort companies are affiliated with an exchange company.   [..]

A type of timeshare ownership in which usage rights attach to a specific week of the year each year in perpetuity.

A type of timeshare ownership where the use rights are subject to the owner reserving his or her week within a season purchased (winter, summer, etc.) or sometimes throughout the year.  A year-round “ [..]

Leisure real estate sold in intervals of more than one week and less than whole ownership.  Fractionals are usually associated with the luxury segment of vacation ownership, offering greater services [..]

The group of owners that administer the rules and regulations of a resort.  Creation of an HOA is often required by state laws.

The resort location where a new purchaser owns his or her week or designated as the home resort in a club or points-based program.  Ownership is usually tied to this home resort and generally involves [..]

Vacation ownership as measured by a set number of days and nights of annual use, usually one week.

A type of timeshare unit consisting of multiple living and sleeping quarters designed to function as two discrete units for purposes of occupancy and exchange.  The unit can be combined to form one la [..]

A fee that timeshare owners are required to pay, usually on an annual basis, to cover the costs of running the resort, including daily management, upkeep, and improvements.