In the world of timeshares, there are a lot of terms you need to learn and understand to enjoy your ownership to the fullest. We've come up with a thorough glossary of the most common and most need-to-know terms in the industry.
Timeshare Glossary
Accelerated Use
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Accrued Weeks
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Ad Valorem
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Anniversary Date
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Appraisal
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Appreciation
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
ARDA
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Banking
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Biennial
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Bonus Time
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Bonus Weeks
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Bulk Banking/Block Banking
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Closing Costs
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Club Membership/Trust Membership
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Constitutions
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Cooling-Off Period
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Depreciation
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
End-User Finance
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Escritura
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Escrow
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Exchange
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Exchange Company
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Fee Simple
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Fixed Unit
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Fixed Week
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Floating Week
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Fractional Ownership
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Gold Crown Resort
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Guest Certificate
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Holiday Club/Vacation Club
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Holiday Ownership
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Instant Exchange
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Internal Exchange
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Interval
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Lease
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Levy
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Linked Agreement
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Lockout/Lock-Off
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Maintenance Fee
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Management Company
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Odd-/Even-Year Usage
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
OTE
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Points
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Quartershare
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Red Week
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Resale
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Rescission
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Right To Use
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Season
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Sinking Fund
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Space Banking
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Special Assessment
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Time Division
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Timeshare Condo
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Trading Power
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Trustees
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Vacation Ownership
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...
Week Fifty-Three
View Full Definition
Approximately once every seven years, a calendar year will have fifty-three weeks, rather than the standard fifty two. Week Fifty-Three will often be set aside for use by the developer or other important member.
...