Before finding a solution, consumers need to be armed with all the timeshare information and advice they can possibly get. The Timeshare industry is so large and powerful that many consumers feel absolutely helpless, no matter how much advice they receive. Do not feel overwhelmed. We will start with the basics for a powerful foundation and force for change. We will now discuss the two types of timeshare ownership, for all other timeshare advice stems from the type of contract you have signed.
Deeded and Non-Deeded Timeshares
A non-deeded timeshare is the purchase of a licence or lease that allows the customer to stay in a particular resort for a specific amount of time each year. This is called a floating time arrangement. Reservations must be made in advance to secure the customer’s time in the year. A great piece of timeshare advice is staying away from these types of agreements. Reservations are often very difficult to make, even months in advance. There are often many hidden fees associated with non-deeded timeshares as well.
The best piece of timeshare advice is to stay away from timeshares altogether, but understanding your timeshare contract is a close second. To understand your contract is the first step in breaking the cycle through a timeshare service or attorney. All along the way, Timeshare Consumer Bureau will be here to offer the best timeshare advice possible.