You own a fraction of the actual real estate indefinitely. It can be sold, rented out, or passed down to heirs.
There are two primary legal structures for owning a timeshare:
You have a contract to use the property for a set number of years (e.g., 20 to 99 years). Ownership remains with the developer. 3. Financial Costs 5 Ways to Maintain Travel Diversity with a Timeshare
You receive an annual allotment of points that act as "currency" to book various resorts within a developer’s network or exchange through platforms like RCI . 2. Ownership Types