Deeded vs Right To Use

I am considering purchasing a timeshare in Mexico (probably Cancun) if I can find a good enough deal that would beat renting. That said....can someone inform me of what I should be looking for as far as deeded vs right to use and what the positives and negatives might be? Any help would be greatly appreciated...Thanks

byronh8 wrote:

I am considering purchasing a timeshare in Mexico (probably Cancun) if I can find a good enough deal that would beat renting. That said....can someone inform me of what I should be looking for as far as deeded vs right to use and what the positives and negatives might be? Any help would be greatly appreciated...Thanks

If you do a search on the topic "deeded" or "right to use" here on RedWeek forums, I believe that you'll find an abundance of detailed explanations already posted. I know I've personally explained the difference numerous times already here.

For Mexican coastal resorts, I think that you'll actually have no choice anyhow since, at least to the best of my knowledge, you cannot own deeded property there as a U.S. citizen and you'll have no choice other than RTU.

Ken hit the nail on the head above as all timeshares in Mexico are right to use only.

jayjay wrote:

Ken hit the nail on the head above as all timeshares in Mexico are right to use only.

byronh8 wrote:

jayjay wrote:

Ken hit the nail on the head above as all timeshares in Mexico are right to use only.

Thanks Ken and JayJay...I'll be doing more research but really appreciate the help!

Not necessarily true. I own a deeded timeshare with Royal Resorts that returns a residual (i.e. return of purchase price) at the end of term of ownership.

jrh6 states in part: >> I own a deeded timeshare with Royal Resorts that returns a residual (i.e. return of purchase price) at the end of term of ownership.<< =================================================

I don't claim to know anything at all about whatever it is that you own. I DO know with some certainty, however, that if there is a TERM (a defined time period) involved, then it is (by definition) most assuredly NOT deeded "ownership". In deeded ownership, you OWN one clearly identified, specific single unit/parcel in perpetuity (i.e., there is no time period, no term, no "expiration date" involved). A "deeded" guarantee of access (RTU; with an expiration date) and permanent deeded ownerhip are simply NOT the same thing.

In any event, the original question posed was "what is the difference between deeded ownerhip and right to use?", a question which has already been answered numerous times within RedWeek forums. Those answers can be retrieved with ease with a little searching effort.

Thanks guys as you have answered my original question and you're correct that the info was easy to find once I knew it was there for the taking. Originally I was just making sure I wasn't missing something with RTU. I'm leaning towards the Royal resorts if I can find a deal that meets our needs....thanks again

byronh8 wrote:

Thanks guys as you have answered my original question and you're correct that the info was easy to find once I knew it was there for the taking. Originally I was just making sure I wasn't missing something with RTU. I'm leaning towards the Royal resorts if I can find a deal that meets our needs....thanks again

What I have is a deed to ownership at the Royal Haciendas in Cancun. The Resort is 50 percent owned by members and 50 percent owned by the developers. By Mexican law the property has to be turned over in 50 years with the original purchase price returned to owners and a share of the sale profits and the rest to the developers. The other Royal Resorts have a shorter term period and one in particular the BCI has just been renewed for resale. Thanks.

P.S. Each Royal Resort has it's own Board made up of members of the resort and manage the Resort.