When searching for a timeshare, you may see a bunch of new terms that you are unfamiliar with. From “fractional ownership” to “vacation exchange network,” there’s a lot to learn about vacation ownership and it can be overwhelming at times. If you’ve heard about “right to use timeshares” but don’t know quite what it means, then you’ve come to the right place. Let’s discuss what RTU timeshares are and how they work, then we’ll share some examples of RTU timeshare resorts.
What Are Right To Use Timeshares?
Right To Use timeshares, often referred to as RTU timeshares, are non-deeded vacation ownership contracts. Simply put, RTU timeshares give you the “right to use” a unit for a predetermined amount of time. So, unlike traditional deeded timeshares, buyers don’t actually own the property. Typically, these types of contracts are found in international locations. This is because U.S. citizens cannot legally own deeded vacation properties in those countries. For example, all timeshares in Mexico are actually RTU contracts unless the buyer is a Mexican citizen.
Owners enjoy right to use timeshare contracts because it gives them an exact expiration date. They know that they won’t always be responsible for the timeshare or its costs and fees. There is a guaranteed out, so they won’t get stuck with a timeshare as some people do with deeded contracts. Some people get into a bad financial situation because they still have to pay timeshare maintenance fees on a deeded timeshare that they don’t even use anymore. With RTU timeshares, there is a little extra reassurance for owners.
How Do RTU Timeshares Work?
A deeded timeshare is the responsibility of the owner for life or until they sell it. Some of them are even owned in perpetuity, meaning it gets passed on to the owner’s children or grandchildren. RTU contracts have a set expiration date that is stated within the original contract and agreed upon by the owner. After the expiration date, the owner is no longer legally responsible for the property. The length of the contract depends on the resort and the timeshare brand but is generally between 25 to 75 years.
Owners of RTU timeshares can still sell or pass along their property, just like a regular deed timeshare. However, the original contract’s expiration date will still stand. If you signed a 30-year contract in 2020, then it will expire in 2050 even if you sold it. The expiration date does not start over when the contract has a new owner. If you sell an RTU contract that only has 5 years left of ownership, the new owners only get to use the timeshare for those 5 years. This can make it a little more difficult to sell an RTU timeshare.
RTU Timeshare Resorts
There are many beautiful timeshare resorts around the world that offer RTU contracts. Some of the top timeshare brands in the industry offer right to use timeshares at various resorts. If you’re looking for this specific type of contract, you are bound to find a trusted brand to buy a timeshare from. We’ve put together some of our top RTU resorts that we think you’ll love.
Marriott’s Aruba Ocean Club
Marriott’s Aruba Ocean Club is an oceanfront resort on beautiful Palm Beach. With the amazing amenities and accommodations that you expect from Marriott, this is a resort the whole family can enjoy. Little Ones will love the planned Kid’s Night Out, where they can play games and eat pizza with other kids staying at the resort. Adults can find a moment of pure relaxation at the resort’s Mandara Spa, which offers massages and facials. Alternatively, adults can unwind with a refreshing drink at Champion’s Sports Bar. For a meal with the whole family, this resort has three restaurants on-site as well as easy access to the dining options next door at Aruba Surf Club. This RTU timeshare resort offers spacious one- and two-bedroom villas that have all of the comforts of home.
Westin Lagunamar is a timeshare resort in Cancun that offers stunning views of the Caribbean Sea. The resort’s location is convenient for those looking to explore the area’s best attractions. Discover the beauty of Mexico’s past at the ruins of the Mayan temple, Yamil Lu’um, which is just steps from the resort. Lagunamar resort is also across the street from La Isla Village, a waterfront area with shopping, dining, a Ferris wheel, and an aquarium. Of course, you don’t have to leave the resort to enjoy delicious dining options and fun amenities. Eat breakfast at Oceano or grab some lunch from Viento Bar & Grill. Viento also has a swim-up bar! Guests can also enjoy the resort’s pools, spa, and state-of-the-art fitness center. Guests can relax after a fun-filled day in their spacious villa, complete with unforgettable ocean views.
Wyndham El Cid Marina Beach Hotel
On the sandy shores of Mazatlan, along the Pacific Coast of western Mexico, sits Wyndham’s El Cid Marina Beach Hotel. The resort is in the Golden Zone of town, a popular area with resorts, restaurants, shops, and nightlife. This location is perfect for those that want to spend their days on their beach and their evenings on the dance floor. This lively area is full of things to do and see, so visitors will never have trouble making fun plans near El Cid. The resort has a Mediterranean feel, a private beach, and a lagoon-like pool area with an underwater cave. Since the resort has a full-service marina, it’s easy to get out onto the open waters on a boat. When you visit your RTU timeshare at Wyndham El Cid Marina Beach Hotel, you will no doubt make lifelong vacation memories.
Buy RTU Timeshare
If you’re interested in an RTU timeshare, Timeshares Only is here to help! Firstly, you should browse our marketplace of available timeshares for sale. If you’re unsure whether or not a contract is RTU, we can find that information for you. Then when you’ve found the perfect timeshare for you, simply make an offer! If you need further assistance or have some questions, don’t hesitate to reach out! Our team of timeshare experts has years of experience and connections, so call 1(800) 213-7733 today!