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[Q=terrif8] what is deed ownership[/Q] This topic shouldn't really be in the "Timeshare Exchanges" forum at all, since it obviously has NOTHING whatsoever to do with the forum subject of timeshare exchanges. Nonetheless.... A deed is a legal document which is officially recorded in government file records (usually, but not always, at the County level here in the USA). A deed publicly and formally states, validates and acknowledges the ownership of real property (hence, "deeded ownership"). Deeded timeshare ownership is (...just as a house is) "real property" ownership --- but you own only "a very small piece of the overall property" in the case of deeded timeshare ownership. RTU (right to use) has no deed, because there simply is no actual "ownership" involved in the first place. RTU is really more of a "membership", in which you own absolutely NOTHING, but whereby you have ACCESS to a property (or to several properties) by means of a contractually granted "right to use" of specifically defined duration (often, but certainly not always, 20 years). You may sell those membership rights to someone else, but there is no actual underlying "ownership" to sell, since there is no real property "owned" by a RTU contract participant in the first place. Hence, there is no "deed" in a RTU contract. Vacation clubs with contractual RTU membership rights, for example, generally utilize their own internal membership contract forms and paperwork. RTU contract paperwork is NOT a "deed" (...again, because you don't actually OWN anything in RTU). I apologize for being long-winded in this explanation, but I hope that it clearly explains the differences in a manner which is helpful.