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The Unit/Week
There are a lot of different ways to sell
timeshare. Here I will try to explain the different set-ups... but please keep
in mind that if we don't use that set-up at Canada House, chances are I don't
know that much about it. But at least I'll be honest with you about what I do or
don't know. For each set-up listed below, the one in bold letters is the
one we use at Canada House.
First of all, let me explain what I mean by unit/week. I often have people call
and say "I own unit so-and-so" at Canada House. Well, that's not really the
case... you own a particular week in that unit. So when I talk about a
unit/week, I mean the particular week that you own in your particular unit. For
example, if you own the first week of the year, in unit 2001, then you own "two
zero zero one, week one", which would be written as 2001/01.
Fixed/Floating
- Fixed: You own the same unit
in the same week every year. If you're not sure what date your week starts,
please click here for a
timeshare calendar. If that's not enough advance planning for you, you can always
figure out the starting date of your week by counting weeks, beginning from the
first Saturday of the year. In other words, if you own week 34, your week will
start on the 34th Saturday of every year.
- Floating: You own a week, but not a
specific week. (Does not apply to Canada House)
Every Year/Even-Odd
- Every Year: You own your
unit/week every year. You pay maintenance every year, and you have use of
the unit/week every year.
- Even-Odd: You own your unit/week only
in even years (2010, 2012, 2014, etc.) or only in odd years (2011, 2013,
2015, etc.) Please note that resorts are sold this way or not - if you own
at a resort that's every year (as we are), you can't sell your unit for even
or odd years, because we're not set up for that kind of record-keeping.
Weeks/Points
- Weeks: You own a week. You
trade your one week for one week somewhere else, or you use your week at
your home resort. It is assumed that you will be using your week unless you
bank it, put it up for rent, or notify us that your guest will be using it.
(Note: With RCI's new Enhancements program, it is now possible to get more
than one exchange from a single deposit. Please visit
their
website for more information.)
- Points: You own a week, but
it's available for your use as a certain number of points. You can use a few
points at a time, save them up and use several years' worth at once, buy
extras, etc. When you own points, it is assumed that you will be using your
time as points unless you notify RCI in advance (I believe it's 13 months in
advance) that you wish to use your own unit/week.
- It's not a mistake that both these
choices are bold -- Canada House was originally sold as weeks, but
some owners have converted to points. Before a unit/week that has been
converted to Points can be sold to a new owner, it must be removed from the
Points program. If the new owner wishes to have the unit/week in Points,
s/he would have to contact the developer to pay a new conversion fee.
Red/White/Blue
- Basically the color of your week
affects your trading power with your exchange company. The entire state of
Florida is red, so Canada House is also
red.
Friday/Saturday/Sunday
- The check-in day is just the day you check in and out of your unit/week
when you use it (or the unit/week you exchange for, if that's the case).
More and more resorts have Friday and Sunday check-ins available these days,
but Canada House has Saturday check-in & check-out for all our units.
This doesn't mean you can't check out early if you can't stay for your whole
week, but it's nice if you can plan your vacation around your check-in day.
Did I miss anything? Let me know... |
