Archives
Gold Season
Gold Season is a term that refers to a block of weeks during the year which hold a medium desirability. These weeks that fall within a given season can be fixed weeks or floating weeks. These weeks may be traded…
Red Week
A red week is an RCI term which refers to the time of year in which a timeshare property is considered highly desirable. Red weeks are the most desirable time of the year for a resort, surpassing Blue Weeks and…
Platinum Season
Platinum Season is a term that refers to a block of weeks during the year which hold a high desirability. These weeks that fall within a given season can be fixed weeks or floating weeks. These weeks may be traded…
Resort Directory
A Resort Directory refers to a general listing directory for all existing timeshare properties offered by each timeshare company. This may also only refer to properties that are available through a reseller, which may not encompass every existing property. The…
Mortgage
A mortgage is a loan which is secured by collateral of real property, documented and evidenced by a mortgage note. A mortgage can apply to any facet of real property. In timeshares, your monthly costs tend to be put towards…
Silver Season
Silver Season is a term that refers to a block of weeks during the year which hold a low desirability. These weeks that fall within a given season can be fixed weeks or floating weeks. These weeks may be traded…
Home Resort Preference Period (HRPP)
The period of time 12-6 months prior to your deeded or right-to-use Hyatt Residence Club ownership week in which owners have the exclusive right to their own villa and week. The Home Resort Preference Period is one of Hyatt’s three…
Title
A title, in timeshare terminology, refers to the proof of ownership of a property. These are normally recorded with the local government for documentation purposes. In the event of a resale of a timeshare property, title transfers are common, in…
Fixed Unit
A Fixed Unit describes an individual unit within a property that a timeshare owner has bought into to stay at each year. This is different from a fixed week, as a fixed week describes a numbered week that an owner…
Title Insurance
Title Insurance, in regards to timeshares, is an optional insurance available for the buyer of a timeshare. Title insurance is used to protect a buyer against potential loss in the event that there are discrepancies within a title of ownership,…
