Online Class: Timeshare Basics

Name: Timeshare Basics
Price: 95.00 USD

Learn the fundamentals of buying, owning, renting and investing in Timeshares.

$95.00
no certificate

- OR -

$120.00
with CEU Certificate*

Start Right Now!

$120.00 (with CEU Certificate)

Taking multiple courses? Save with our platinum program.

11

Lessons
18

Exams &
Assignments
283

Students
have taken this course
5

Hours
average time
0.5

CEUs

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."

Courses Frequently Bought Together:

Investing 101: Stocks, Bonds, and Mutual Funds

Understanding and Managing Your Personal Credit

Landlord 101: Managing Rental Properties

Completely Online
Self-Paced
Printable Lessons
Full HD Video
6 Months to Complete
24/7 Availability
Start Anytime
PC & Mac Compatible
Android & iOS Friendly
Accredited CEUs

Universal Class is an IACET Accredited Provider

Course Lessons

Module I - Timeshare Basics

22 Points

What is a Timeshare? How does a Timeshare work? What type of properties qualify as Timeshares? How much should I expect to pay?

Lesson 1 Video
Lesson discussions: Timeshares; Reasons for Taking this Course
Complete: Module I Assignment
Assessment: Quiz for Module I - Timeshare Basics

Module II - Finding Your Timeshare

22 Points

Information to determine if you should buy? Where to find Timeshares. Information about promotions and renting.

Lesson 2 Video
Complete: Module II Assignment
Assessment: Quiz for Module II - Finding Your Timeshare

Module III - Buying Your Timeshare

19 Points

Words of caution when buying a Timeshare when you attend a promotional event, review a contract, or consider a program

Lesson 3 Video
Assessment: Quiz for Module III - Buying Your Timeshare

Module IV - Legal Consequences

22 Points

Questions and answers about the rights and responsibilities under the law.

Lesson 4 Video
Complete: Module IV Assignment
Assessment: Quiz for Module IV - Legal Consequences

Module V - Ownership Types

21 Points

Timeshares, Vacation Plans, and Fractional Ownership

Lesson 5 Video
Lesson discussions: Ownership Type
Complete: Module V Assignment
Assessment: Quiz for Module V - Ownership Types

Module VI - Financial Considerations

17 Points

Financing and tax information

Lesson 6 Video
Assessment: Quiz for Module VI - Financial Considerations

Module VII - Timeshare Organizations

21 Points

The role of the developer, resort management companies, Timeshare sales agents, ARDA, exchange companies, Timeshare media, and regulatory and governmental bodies.

Lesson 7 Video
Complete: Module VII Assignment
Assessment: Quiz for Module VII - Timeshare Organizations

Module VIII - Scheduling

20 Points

Details of scheduling such as fixed week vs. floating week, red weeks, shoulder weeks, white seasons, etc.

Lesson 8 Video
Assessment: Quiz for Module VIII - Scheduling

Module IX - Fractional Ownership

19 Points

How Does Fractional Ownership Work? Benefits, and drawbacks of Fractional Ownership.

Lesson 9 Video
Complete: Module IX Assignment
Assessment: Quiz for Module IX - Fractional Ownership

Module X - Renting & Exchanges

20 Points

How to rent or exchange your Timeshare. Information about Exchange Companies, etc.

Lesson 10 Video
Lesson discussions: Renting Timeshare
Assessment: Quiz for Module X - Renting & Exchanges

Module XI - Selling Your Timeshare

22 Points

How to sell your timeshare and other options.

Lesson 11 Video
Lesson discussions: Final Course Poll - Your Opinion; Course Comments; Program Evaluation Follow-up Survey (End of Course)
Complete: Module XI Assignment
Assessment: Quiz for Module XI - Selling Your Timeshare

225

Total Course Points

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.
Demonstrate mastery of lesson content at levels of 70% or higher.

Additional Course Information

Document Your Lifelong Learning Achievements
Earn an Official Certificate Documenting Course Hours and CEUs
Verify Your Certificate with a Unique Serial Number Online

View and Share Your Certificate Online or Download/Print as PDF
Display Your Certificate on Your Resume and Promote Your Achievements Using Social Media

Course Title: Timeshare Basics

Course Number: 7550049

Languages: English - United States, Canada and other English speaking countries

Availability: This course is available online in all U.S. states, including California, Texas, Florida, New York, Pennsylvania, Illinois, Ohio, and Georgia. It’s also offered in English-speaking countries, including the UK, Canada, Australia, and New Zealand.

Last Updated: December 2023

Course Type: Self-Paced, Online Class

CEU Value: 0.5 IACET CEUs (Continuing Education Units)

CE Accreditation: Universal Class, Inc. has been accredited as an Authorized Provider by the International Association for Continuing Education and Training (IACET).

Grading Policy: Earn a final grade of 70% or higher to receive an online/downloadable CEU Certification documenting CEUs earned.

Assessment Method: Lesson assignments and review exams

Course Fee: $120.00 U.S. dollars