The concept of time-share is simple. A developer builds accommodation units and divides each unit into 52 parts, each division being one week. At least one week of the 52 weeks is set aside for maintenance and the other weeks are sold to interested buyers.
A person buying a week or weeks in that property secures full rights of membership for that period annually. Membership duration’s is to the expiration of the lease, as long as maintenance fees are paid and the resort remains in operation. Included in these rights is the exclusive range of resort facilities such as tennis, swimming pool, spa, squash and light exercise room.
By purchasing only the number of weeks actually required, the timeshare purchaser is getting all the advantages of actual membership for only a fraction of the cost of outright purchase.