There are numerous kinds of Timeshare ownerships. The two most common are Leased and Deeded Timeshares.

What is deeded property?
A Deeded property is property which is owned in fee (lawyer term) by the owner which may be sold, gifted, or transferred by will. It is an ownership interest in real estate which never expires.

What is a leased property?
A Leased property is an interest in property which has a limited duration, sometimes renewable for extended periods. It can be assigned (transferred) by an assignment of lease or other similar document executed by the lessee or by his/her estate if he/she dies before the lease expires. It is basically an ownership interest for a limited period of time.


**Aside from the two most common types of Timeshare ownerships, there are numerous others**

What is the difference between a warranty deed, a fee simple deed, and a quit claim deed?
A warranty deed guarantees the buyer that the seller can and has conveyed clear title; a fee simple deed guarantees the buyer that the ownership is bona fide but not that the property is free of liens, mortgages, or other encumbrances; a quit claim deed conveys whatever the seller may own (which could be nothing) simply transferring whatever he owns, defects and all, to the buyer. Our attorney highly recommends the use of a warranty deed.


No matter the kind of Timeshare ownership you may have, the closing is still the same basic process. Timeshare Adventures has not only mastered the closing process, but they have made a great PLATINUM PACKAGE that makes the whole process of selling a timeshare quick and easy. If you have any more questions, please do not hesitate to ask!!! Hope this helped!!!