If you plan to sell or rent your timeshare, it is critical that you are familiar with the designated timeshare weeks. Since timeshares are split between different owners, a weekly timeshare chart is used so that all owners have an equal opportunity to use the vacation property.

Basically, the term ‘timeshare week’ refers to a specific time when the owner has the exclusive right to use the property for a full week. For example, if your schedule means that you can spend time at the property every 2nd week in March annually, then that is your designated timeshare week.

Timeshare usage is analyzed by weeks to ensure that all owners have equal rights to the property. This is simply because a timeshare property can be owned by multiple people. Therefore, to give them fair access to the property, the length of stay is divided into weeks.

For example, if a timeshare has 60 owners, each of them will have access to the property for one week. However, the timeshare details and designation of use will vary greatly depending on the vacation property. Some may only be given annual access to the property for a week, while others may spend more than a week a year.

A very common type of timeshare weeks is called a fixed week. This is technically a designated week each year in which the owner has the opportunity to use the vacation property. For example, if you are assigned to occupy the property during the third week of April, you will have to use it during that same week each year. What’s great about this setup is the fact that you can rent your designated week of stay to a tourist or you can exchange it with another owner if you decide not to use it for the allotted time period.

So be sure to check your designated timeshare week before deciding to rent or sell your stock to ensure that you will be able to get the correct price value.