Timeshare Terminology Glossary

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A|B|C|D|E|F|G|H|I|J|K|L|M|N|O|P|Q|R|S|T|U|V

Confused about timeshare terminology? Left wondering what all of this timeshare jargon means? We’ve defined the most common terms used in the timeshare industry below. We hope this timeshare glossary helps you become more comfortable in the world of timeshares, and eliminates the learning curve for basic timeshare keywords. Feel free to bookmark this page for future reference!

A

Abstract of Title

Accelerated Use

Advance Fees

Affiliated Resort

Amenities

Accrued Weeks

Ad Valorem

American Resort Development Association (ARDA)

Anniversary Date

Appraisal

Availability

Award Month

B

Banking

Biennial

Blue Season / Blue Week

Bonus Time

Bonus Week

Borrowing

C

Capital Gains Tax

Capital Improvements

Capital Reserve

Campground Membership

Check-In Date

Check-In Time

Closing Costs

Club / Trust Membership

Club Use Period (CUP)

Combination

Confirm-First

Cooling-Off Period

Credits

Current Fair Market Value

D

Day Use

Deeded Property

Depositing

Depreciation

Developer

E

Escrow

Exchange

Exchange Company

Exchange Fee

End-User Finance

Even Year Usage

F

Fair Market Value

Fee Simple

First Right of Refusal

Five Star Resort

Fixed Unit

Fixed Week

Floating Week

Fractional Ownership

G

Gold Crown Resort

Gold Season

Guest Certificate

H

Holiday Club/Vacation Club.

Home Resort

Home Resort Preference Period (HRPP)

I

II

Interval

Internet Marketing

Instant Exchange

Internal Exchange

L

Lease / Leasehold

Levy

Limited Club Use Period

Loan Interest

Lock-Out / Lock-Off Unit

M

Maintenance Fees

Maintenance Week

Maximum Occupancy

Mortgage

O

Occupancy Level

Odd Year Usage

One-In-Four Rule

Open Season

P

Platinum Season

Points

Points Chart

Points Systems

Presentation

Q

Quarter Share

Quit-Claim Deed

R

RCI

Red Week

Red Season

Resale

Resale Broker

Resale Value

Rescission

Rescue / Rescuing

Resort Clubs

Resort Directory

Retail Timeshare

Right of First Refusal

Right-To-Use (RTU)

S

Season

Silver Crown Resort

Silver Season / Silver Week

Space Banking

Special Assessment Fee

Special Assessment (Housing)

T

Tax Deduction

Timeshare

Title

Title Insurance

Trading

Trading Power

Travelshare

Triennial

U

Unit Size

Up-Front Fee

Use Week Calendar

Use Year

V

Vacation Club

Vacation Ownership

W

White Season / White Week