Timeshare Owner Usage Dates

A number of Timeshare Owners seem to be confused as to when their Timeshare usage period begins and ends each year. In August of 2000, owners were notified that our Board of Directors, at their meeting on July 26, 2000, voted to standardized the Timeshare usage dates for all owners. This had the effect of eliminating the differences in some Bonds for Deed which were issued at different times during the past 21 years. Their authority for making this change can be found in paragraph 14 of your Ownership Regulations and Conditions.

Under the adjusted calendar, ownership interval types and the dates they include are as follows:

Type #1, Winter

Begins with the 1st Saturday on or after December 17th and continues for the next 16 Saturdays. Exceptions include the intervals designated as Type #4 and #5 (see below). Example – The 2005 winter season begins with the week that starts on December 18, 2004 and ends with the week that starts April 9, 2005.

Type #2, Summer

Begins with the 1st Saturday on or after June 12th and continues for the next 13 Saturdays. Example – The 2005 summer season begins with the week that starts on June 18, 2005 and ends with the week that starts on September 10, 2005.

Type #3, Spring/Fall

Includes all weeks not designated as Types #1, #2, #4 or #5. Example – The 2005 spring season begins with the week that starts on April 16, 2005 and ends with the week that starts on June 11, 2005. The 2005 fall season begins with the week that starts on September 17, 2005 and ends with the week that starts on December 10, 2005.

Type #4, Preferred December week

Guarantees the owner a preferred week in December (must be reserved by the owner, for the following year, before July 1 each year in order to guarantee the preferred week). Example – The 2004/2005 Preferred December week commonly requested was the week beginning on December 25, 2004.

Type #5, Preferred February Vacation week

Guarantees the owner a preferred week in February (must be reserved by the owner, for the following year before July 1 each year in order to guarantee the preferred week). Example – The 2005 Preferred February week commonly requested was the week beginning February 19, 2005.

We hope this will clear up any confusion our owners may have in attempting to make their current and future reservations.