Archives

Banking

Banking has to do with saving points, or weeks, to be used later. This can be achieved without utilizing a trading company, but often RCI or II is used to preserve the week or points in question. Also known as…

Anniversary Date

When dealing with timeshares that feature points-based booking, the anniversary date, also known as award month or anniversary month, is the date on which the ownership is awarded its points, or usage, for the year. Some clubs have a club-wide…

Ad Valorem

A Latin legal term that stands for “according to value”, generally dealing with the billing of property tax. Ad valorem can be described as the opposite of a specific tax. A specific tax is a tax based on the amount…

Accrued Weeks / Points

Accrued weeks or points are the vacation time that has been saved from previous years, which will accumulate and are still available for use by the timeshare owner. The ability to accrue, or bank, your week is a resort specific…

Amenities

Amenities are the special features of a timeshare resort. Popular timeshare amenities include pools, hot tubs, tennis courts, on-site restaurants, in-suite laundry and full kitchens. Timeshares are known to offer incredible amenities especially when compared to hotels. Features such as…

Accelerated Use

A program, in some right-to-use timeshare clubs, where the booking time that is available to the owner can be used in shorter amount of time than originally allotted. The concept of Accelerated Use is exclusive to right-to-use timeshare programs, where…