Vacation Clubs June 25, 2007
Posted by Jennifer Skinner in : General, Timeshare Resource, Travel , trackbackOne of the things you will hear people say in regards to timeshare ownership is that they are bound to one location. This is why vacation clubs are more popular then ever.
A vacation club is an organization that owns multiple properties in various locations. By being a club member you can reserve space at any of the different resorts within the organization. Typically, when you first sign-up there is an initial cost to join along with annual fees. There are also different levels of membership. Having a higher level membership may allow you priority over certain units or guaranteed larger rooms.
Here are two common ways that vacation clubs are structured:
1. The developers own the property and the club has access to the properties via a contractual relationship with the owner.
2. The Developer transfers ownership of the properties to the club after they are built. If your club membership also gives fractional ownership in the clubs, then you will own the properties indirectly through the club.
To find out more information on vacation clubs or general timeshare information, please contact Wes Kogelman at www.buyatimeshare.com .
Comments»
no comments yet - be the first?