Online Class: Timeshares Basics
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 | | | Learn How to Buy, Rent, Sell, and Invest in Timeshares!
| | Course Cost: 6 Month Subscription Course (no Certificate) = $40.00 Course with CEU Certificate* = $65.00 | * Instantly download, print, and share your CEU Certificate at course completion (additional shipping/handling charges apply for hard copy delivery).
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 Course Description There has been a sharp increase in vacation destinations over the past 50 years. With that increase, the concept of timeshares has blossomed. Owning a timeshare allows travelers to occupy accommodations for a period of time each year. This long-term strategy has become a travel industry standard and has provided vacationers with an option to hotel stays. This 11-lesson course takes you from the history of the vacation timeshare industry through the process of buying and selling a timeshare. We begin by briefly examining where and how the concept developed. Then we'll discuss properties and characteristics of timeshare ownership. Lesson II provides guidance about where to find timeshares and preparing for a purchase. Next, we go through the process of buying a package. Lessons IV, V and VI cover legal rights and responsibilities, the various types of ownership, and financial considerations. We move on to industry organizations you should know about. In Lesson VIII, you will learn about the scheduling aspects of timeshare ownership. We cover a variation of ownership called fractionals in Lesson IX.
Lesson X deals with exchanging and renting a timeshare unit. The series concludes with Lesson XI discussing important information about selling a timeshare. We include a glossary of common industry terms for reference. This course will give you a broad understanding of timeshare ownership, but does not contain every detail pertaining to this subject. Once you complete the course, we encourage you to discover as much as you can about this appealing concept of "owning your vacation." Learning Outcomes By successfully completing this course, students will be able to:
- Define what a timeshare is and why you may or may not want to invest in it.
- Find a timeshare.
- Buy a timeshare.
- Identify the legal consequences of owning a timeshare.
- Describe ownership types.
- Summarize financial considerations.
- Identify timeshare organizations.
- Schedule your timeshare.
- Describe fractional ownership.
- Summarize renting and exchanges in the timeshare market.
- Sell your timeshare, and
- Demonstrate mastery of lesson content at levels of 70% or higher.
Course Lessons |  | Lesson 1: Module I - Timeshare BasicsWhat is a Timeshare? How does a Timeshare work? What type of properties qualify as Timeshares? How much should I expect to pay? | Lesson 2: Module II - Finding Your TimeshareInformation to determine if you should buy? Where to find Timeshares. Information about promotions and renting. | Lesson 3: Module III - Buying Your TimeshareWords of caution when buying a Timeshare when you attend a promotional event, review a contract, or consider a program | Lesson 4: Module IV - Legal ConsequencesQuestions and answers about the rights and responsibilities under the law. | Lesson 5: Module V - Ownership TypesTimeshares, Vacation Plans, and Fractional Ownership | Lesson 6: Module VI - Financial ConsiderationsFinancing and tax information | Lesson 7: Module VII - Timeshare OrganizationsThe role of the developer, resort management companies, Timeshare sales agents, ARDA, exchange companies, Timeshare media, and regulatory and governmental bodies. | Lesson 8: Module VIII - SchedulingDetails of scheduling such as fixed week vs. floating week, red weeks, shoulder weeks, white seasons, etc. | Lesson 9: Module IX - Fractional OwnershipHow Does Fractional Ownership Work? Benefits, and drawbacks of Fractional Ownership. | Lesson 10: Module X - Renting & ExchangesHow to rent or exchange your Timeshare. Information about Exchange Companies, etc. | Lesson 11: Module XI - Selling Your TimeshareHow to sell your timeshare and other options. |
Additional Information | Course Title | : | Timeshare Basics | | CEU Value | : | | | Standard | : | Course Adheres to the ANSI/IACET 1-2007 Standard | | Accreditation | : | | | Languages | : | English - United States, Canada, United Kingdom, Australia, New Zealand, and other English speaking countries | | Course Number | : | 7550049 | | Course Type | : | General Education | | Course URL | : | | | Course Rating | : |  | | Instructor | : | UniversalClass Staff Instructor | | Syllabus | : | | | Grading Policy | : | Earn a final grade of 70% or higher to receive a CEU Certificate documenting CEUs earned | | Assessment Method | : | Lesson assignments and review exams | | Duration | : | Continuous: Enroll anytime! | | Requirements | : | View Technical Requirements | | Course Fee | : | Basic Course: $40.00 (no CEU Certificate) | | | | | NOT FOR COLLEGE CREDIT This is a non-credit course, and is provided for your personal enrichment.
This course is not intended to be a substitute for any state, government, licensing, certification or educational requirements.
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