Time Share Vacation Rentals

Written by Diane Sievert
Bookmark and Share

Time share vacation rentals have proven to be an ever-popular investment for the eager traveler. If you're considering purchasing your own time share, you'll want to know what your options are. Read on to learn more about the various types of time share vacation rentals.

Guide to Time Share Vacation Rentals

Fee simple is the most basic kind of time share rental, though it's really more of a purchase than a rental. In a fee simple system, an actual deed for a specific amount of interest is purchased for the designated real estate. This title is then yours to do with as you please.

Buying a leasehold is yet another option. The leasehold system is actually quite similar to the fee simple system. The only difference is that a lease, rather than a deed, is purchased. This lease comes with a particular expiration date (as most leases do), but you can opt for a right to renew ownership interest at said expiration date if you desire.

The most popular types of time share vacation rentals are Right-to-Use deals (also known as RTUs). In this system, the consumer purchases the "right to use" a specific piece of real estate for a specific amount of time, but the consumer does not have any ownership rights. This option tends to be the least expensive, since the management company retains all rights to the value of the real estate.

Bookmark and Share