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Re: RTU and Deed (by Carol P.):

shaunl25 wrote:

Maybe I should clarify. I know what the two are, but from hearing from many people I can't really get a sense of which is better. That's why I was asking about the pros and cons of each rather than a definition.

They both have their pluses and minuses. An RTU contract has an end date. I like this because I know I will be guaranteed a way out of the contract. Also my RTU lets me accelerate weeks from the end of my contract - so I can use two units one year by paying an extra maintenance fee.

A deeded property contract could go on indefinitely. That could be a problem if your financial situation changes. A deeded week could be a fixed week or a floating week. I like having a fixed week every year - I don’t have to wake up early months before to reserve the week I want, with the chance of it not being available.