Right To Use Timeshares, What Are They and How Do They Work?
Right-To-Use (RTU) timeshares can be described as a deeded ownership that expires at a pre-determined date. Disney timeshares are predominantly right-to-use ownerships and many properties in Mexico operate with deed expiration dates.
There are benefits and drawbacks to owning this type of ownership, and the choice between a perpetual ownership and a right to use ownership will be dependent of the type of traveler you are. We’ll go over some of the considerations when choosing between right to use and perceptual ownerships.
Initial Purchase Price
In some cases, right to use ownerships can be purchased for a smaller initial purchase price than a perpetual ownership. This can vary dependent on property location, club guidelines, and many other factors so your mileage may vary.
When buying right to use, you know exactly when your maintenance fees will end. Some owners that do not use their ownership go on paying fees for something they don’t use. Right to use allows you to have a clear exit strategy. This may not be an issue if you’re buying a high-end timeshare from our brokerage, as we only deal in ownerships with impeccable resale value and liquidity.
Access to Non-Deeded Locations
Some locations, mostly Mexican properties, cannot offer deeded ownerships due to the legislation of the local authorities. You would not have the option of buying a perpetual ownership in Mexico, and therefore, if you’re heart is set on that location, right to use is the only choice you have.
Getting educated about the different types of timeshares can have a steep learning curve. Feel free to contact out agents for more detailed information for your particular situation.