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How can you tell if a week is fixed or floating? Is it true that Marriott records a unit number and week for all deeds? If so, how can you be sure you are not purchasing a fixed week on the resale market?
I have just about come to the conclusion that specifying specific weeks & units on timeshare deeds is pretty much standard even at floating-weeks timeshares.
My non-Marriott floating-weeks timeshares specify particular units & weeks. It's the timeshare master association documents recorded alongside the deeds down at the courthouse & specifically included by reference in each deed that set forth the operation of the floating-weeks system.
Therefore, since what the deed says is not necessarily any indication of whether a timeshare is fixed or floating or points or whatever else they come up with, it might be a good idea to call up the timeshare before buying to get an explanation of how they do it, straight from the horse's mouth.
-- Alan Cole, McLean (Fairfax County), Virginia, USA.
Yes, when you get your deed, it will show that you own a specific week in a specific unit at your resort. That's for legal purposes, because you are buying real estate. That's the real estate that you own. However, that timeshare will still be a floating week - in most situations.
Most Marriott resorts have (1) only floating weeks or (2) mostly floating weeks with a few premium holiday fixed weeks, such as Presidents Day week, July 4th week and/or week 52.
yes, that week and unit scared me silly when i first purchased a marriott, however, i had spoken to many marriott owners before signing and they said it was okay and exactly what they had in their deeds. so i went ahead and signed it worked out great.it's more the season that counts.
By you getting a week and unit on your deed you are protected from a resort overselling floating weeks. It can seem confusing, but is a good thing for you the owner.
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