Understanding Your Ownership

How Do Timeshares Work?

The ins and outs of timeshare ownership can seem confusing — but it doesn’t have to be. Timeshare offers flexibility and benefits you won’t get from hotel stays. It simply takes a bit of research and a commitment to vacationing. For your lingering ownership questions, here are your timeshare answers.

Membership Fees

As a timeshare owner, you’ll pay fees to the timeshare homeowners’ association (HOA) for the operational costs of ownership interests. This covers maintenance and upkeep on your “home” property, with all owners contributing a piece of the cost.
Upgrades/Downgrades

Need more space? Less space? The typical property offers multiple types of accommodations in different sizes with different interior spaces and features. If your situation changes, your family grows, or you simply want more room to spread out, you have the freedom to explore different spaces, configurations, and locations.
Perks and Benefits

Many timeshare companies offer special offers to owners, such as discounts on suites during particular times of the year, or special upgrades for long-term owners.
Flexibility

If you love the concept but aren’t sure you are getting the most out of your timeshare, explore opportunities to rent out or exchange your property. Most offer flexible options to owners who want a change of scenery or can’t travel this year.
Transitioning

After years of vacationing, you might want to exit or cancel your timeshare. This can be an overwhelming decision but having the right information will make it safe and easy. Contact your timeshare company to learn about available exit programs.

Membership Fees

As a timeshare owner, you’ll pay fees to the timeshare homeowners’ association (HOA) for the operational costs of ownership interests. This covers maintenance and upkeep on your “home” property, with all owners contributing a piece of the cost.

Little boy wearing goggle crashing into an ocean wave

Upgrades/Downgrades

Need more space? Less space? The typical property offers multiple types of accommodations in different sizes with different interior spaces and features. If your situation changes, your family grows, or you simply want more room to spread out, you have the freedom to explore different spaces, configurations, and locations.

Couple leaning on the edge of an infinity pool overlooking city views

Perks and Benefits

Many timeshare companies offer special offers to owners, such as discounts on suites during particular times of the year, or special upgrades for long-term owners.

Man laying with his eyes shut in a hammock surrounded by palm trees

Flexibility

If you love the concept but aren’t sure you are getting the most out of your timeshare, explore opportunities to rent out or exchange your property. Most offer flexible options to owners who want a change of scenery or can’t travel this year.

Couple holding hands walking along the beach

Transitioning

After years of vacationing, you might want to exit or cancel your timeshare. This can be an overwhelming decision but having the right information will make it safe and easy. Contact your timeshare company to learn about available exit programs.

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