EOY usage

[sonomom Senior Member Find all posts View Profile Close sonomom]

If a timeshare is EOY can you deposit the unit in the use year and trade it for the next year to use??

[Jya-Ning Silver Contributor Find all posts View Profile Close Jya-Ning]

Yes. If you have lock-off unit, you can eventually travel every year.

Jya-Ning

[rikkis_playpen Diamond Club Contributor Find all posts View Profile Close rikkis_playpen]

Using lockouts for exchange...

The important things to consider with a lockout are normally the following:

* How the unit splits.. (Many two bedroom villas split into a 1br and a studio- not two one bedroom villas.. Also- ask about kitchen facilities in the smaller portion. If not sufficient- it may only qualify for hotel unit exchanges.)..

* Be sure you take into consideration your exchange fees. Many clients who tour at a resort and are excited about the lockout feature don't realize the exchange fees that are also required. When you look at your annual cost- make sure you are aware of maintenance fees, reserves, taxes, and potential exchange fees.

Owning a lockout type villa can add a great amount of flexibility and enjoyment to an owner, so is a great option for most buyers.