Floating Time Share
thomass156 wrote:What is a Floating time share?
Floating: Your time period is defined by a season and your week period is not fixed. You reserve your time period within the appropriate season annually. Most resorts have a High, Medium, and Low Season. Owners of a floating unit at a resort might not vacation in the same physical unit each year. Interval owners may request a specific unit and, if available for that particular week, the resort normally will honor the request.
Floating week based on fixed rotation - a type of timeshare ownership in which specific weeks rotate among owners from year to year on a fixed schedule. Common with fractional ownership interests/private residence clubs.
Floating week based on ownership rotation - a type of ownership in which the owner purchases week(s) and works out the appropriate vacation time with the other owners on a rotating basis each year.
A timeshare glossary can be found at http://www.redweek.com/help/glossary
Thanks, Marty
Marty F