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Not everyone could afford to purchase a beachside mansion or cottage tucked away in the mountains for the sole purpose of a two-week vacation every summer. However, purchasing a segment of that home or condominium unit comes within most people's reach to make their dream vacation a reality. Timeshare vacations are made possible by the conception of time sharing.

Timeshare vacations are guided by the concept of time sharing that has in essence two different kinds. The first type is deeded ownership, which is the timeshare you bought in a piece of a real estate that gives you full grant of the unit during a defined week or weeks in a year. The second type is when you buy a lease, license or membership that lets you use various properties within a timeshare resort like a villa and its amenities and services for a defined week or weeks in the coming years.

Timeshare vacations can be found in the most desired tourist destinations in the world. These destinations are strategically located near pristine beaches, theme and amusement parks, popular sightseeing attractions, recreational activities, and eco-tourism activities.

Consumers who wish to treat their families to first-class vacations, but must stay within confined budgets, are often attracted to these idyllic destinations.

Timeshare vacations are available with various buying times. These dream trips can be "floating", giving you a choice of possible vacation weeks, or "fixed", requiring you to choose one week in the calendar year.

It is these distinctions that contribute to the set price of your timeshare vacation. Be on the lookout for additional incentives, packages and discounts that will bring extra savings.

Look for a timeshare resort that offers valuable extras based on a "points" system. These plans can provide freebies and discount coupons on meals, tourist attractions, cruises, gift vouchers and more.

Leasing, Buying and Selling Your Timeshare Vacation

Once you purchase a timeshare vacation, it's yours to use for as long as your agreement is in place. If you can't use the property, you should have options available. Many people sublet or lease their timeshares, while other people trade them away or sell them off. Renters are exempt from paying taxes for timeshare ownership, making them popular choices of vacationers. Compared to the original cost, the price of the timeshare vacation is usually more affordable.

Vacationers choose to buy timeshares because the condo units typically provide more amenities than a standard hotel room. Further, the resale prices can be as much as sixty percent less than the original price. Original prices can easily range from $10,000 to $30,000, depending on the location, resort, unit size and type of timeshare.

Timeshare vacations are popular because they allow full privacy while providing all the amenities and services offered by first-class hotels. Marriott, Hyatt, Trendwest/World Mark, Hilton, Starwood, Walt Disney Company and Fairfield are among the well-known hotel chains that lead the market in selling timeshare vacations.

Trading Your Timeshare Vacation

Trading your timeshare vacation with another timeshare owner is another option. Exchange companies give owners the opportunity to pay a membership fee and swap their timeshare vacations. The world's most notable exchange companies are Resort Condominiums International (R.C.I.) and Intervals International or (I.I.).

These exchange companies can, in essence, assist you in trading your timeshare property by depositing some or all of the vacation time you own into their system. At your convenience, you can then withdraw a comparable amount of time at another vacation destination of your choice. Both O.K. and I.E. are affiliated with timeshare vacation sites around the world, making your destination choices virtually limitless.

Timeshare vacations are also very easy to book thanks to the professional assistance given by timeshare vacations clubs and timeshare companies. These companies provide comprehensive listings of thousands of resorts that sell timeshare vacations and find the one that would best suit your needs and budget.

At a fraction of the cost of normal hotel rates, travelers can enjoy first-class holidays with timeshare vacations.