When the Federal Trade Commission has a section on their website answering “What is a Timeshare,” you know there is confusion out there! That’s why I like to say that a Timeshare isn’t something you purchase on a whim, three margaritas deep, while on vacation.
Today, a timeshare isn’t just one thing! The timeshare industry offers various products to match people’s different lifestyles and vacation preferences. There are four different types.
3. An Allotment of PointsThis type of timeshare provides a lot of travel flexibility as you don’t have to stay at the same resort every year, but it does have a learning curve.
The rarest type of timeshare is fractional ownership (or a shared deeded ownership) which happens to be the type of timeshare we own. So instead of just a week or a set amount of points, we hold a larger piece of a specific unit at a particular resort.