A “Lockout Timeshare” is a type of timeshare that allows the owner to use their timeshare for only a certain period of time each year, often for just the peak season. During the “lockout” period, the owner is typically not allowed to use the timeshare, but may rent it out or exchange it for another […]
This article discusses the concept of “lock off” in timeshares, which refers to the ability of a timeshare owner to divide their timeshare into two separate units. This allows them to use one unit as a vacation home and rent out the other unit for profit. Lock off is an advantageous feature for timeshare owners […]
This article explains what a “lockout” means in the context of timeshares. A lockout occurs when the timeshare owner has not yet paid the annual maintenance fees, and the resort company locks out access to the timeshare unit. Yes, lockout does mean you cannot use the timeshare unit until the fees are paid.