A fee simple ownership is perpetual and can be sold or willed the owner’s children.
This type of ownership can be described as the opposite of a right-to-use ownership, due to the fact that a fee simple ownership doesn’t ever expire and a right to use ownership has a predetermined date on which you will no longer own the timeshare.
There are good and bad things about each option. When owning a fee simple ownership, you could feel locked down by the fact that you know, for the rest of your life you’ll have to pay on the ownership, but you’ll also be able to enjoy the ownership for much longer. You can even leave the ownership to your children, rather than losing your initial investment after your allotted time is up.