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Timeshares are an extremely popular form of vacation ownership in which you can purchase a week or longer in a specific home or apartment during the year. Timeshares have been around for decades and there are millions of families that enjoy their timeshares each and every year. Here are some basic tips on understanding timeshares.

The main reason that many families opt for a timeshare is that the quality of accommodations in their favorite vacation spot is much higher and usually much more affordable than motels or hotels in the area. Most timeshare properties usually have free leisure facilities by the property as well making it a great way to relax at your favorite destination.

Most people either buy a timeshare that is for a specific week (fixed week) in an area year after year or choose a week each year (floating system) in which they would like to stay at their timeshare property. Most timeshares also allow you to swap your choice of week with another family either at the timeshare property or with others that own a timeshare property in another location.

What makes timeshares great is the level of comfort and accommodations. You do not have to stay in a sub par motel or hotel during your vacation, you can enjoy top quality accommodations in many different sizes that are always clean and comfortable.

For instance, most Florida timeshare properties usually come in assortment of sizes and amenities. If you have a smaller budget or if it is just you and your spouse, you can easily find a comfortable one or two bedroom timeshare property. For larger families, you can enjoy a three bedroom timeshare along with a lounge area, kitchen, patio and a host of other amenities that motels or even hotels can't come close to. The one thing to remember is that all timeshare units are self catering, meaning there is no room service or hostess at the counter, you are responsible for your meals which are usually extremely easy to prepare in your own kitchen.

Buying a timeshare is a convenient process and most timeshare property buyers will usually put down a payment to buy the rights to the timeshare as well as to use it for the week or longer each year. There are also yearly fees which includes fees for keeping the property maintained, a fee for cleaning your accommodation before and after you use it and fees for any taxes.

If you visit an area each year and would like to stay in a much higher level of accommodation, one of the best ways to accomplish this goal is with a timeshare property.