Resort Glossary

*	an asterisk designates that the listing price is per week based on a multiple week purchase
Bonus Time	Use of your resort in addition to your regular allocated time on a space available basis.
Deed	Ownership interest providing title to your property.
Exchange Company	Organization composed of unrelated resorts which for a fee will assist Timeshare owners in exchanging their units for units in other Timeshare Resorts worldwide.
Fixed	Your time period is fixed for each calendar year, either by date or by week number. Start dates vary slightly from year to year when you own a week number.
Floating	Your time period is defined by a season and your period is not fixed. You reserve your time period within the appropriate season on an annual basis. Most resorts have a high, mid and low season.
Leasehold	Property located on leased land.
Maintenance	Maintenance fees are established and collecôed by the Homeowners Association, or Resort Management to maintain the property, pay insurance, utilities, and taxes.
Management Company	Organization responsible for maintaining and providing the administration for one or more resorts.
Right to Use	Occupancy rights for a specified number of years, but no ownership interest in the property.