Randy G.
What is the difference between DEED vs. RTU ownership?
General Discussion
DEED vs. RTU
Randy G.
Lance C.
Right to use (RTU) means you do not own any deed or property like a house or condo. You just basically own a contract to pay maintenance fees and then use or rent out your unit. There is usually also an expiry date, usually anywhere from 25-99 years.
With a deed, you own actual real estate like a house or a condo.