Fixed week ownership

Fixed week ownership

The most basic unit is a fixed week; the resort will have a calendar enumerating the weeks roughly starting with the first calendar week of the year. An owner may own a deed to use a unit for a single specified week. For example, week 26 normally includes the Fourth of July holiday, week 51, Christmas and so on. If an owner owned Week 26 at a resort he or she could use that week every year.

Fix week is great if you know that your going to be free on that date forever, like if your a school teacher and that is a permanent vacation day or something, otherwise, fix week can get lost due to non-use. That’s right, if you don’t use it, you lose it, and you still have to pay the resort fees for that week… This is why so many resort timeshares are for rent on VRBO.com, Homeaway.com and VacationRentals.com – they need to fill it or else they lose the annual fees.

You can avoid this by getting a floating week timeshare.