Some timeshare condominium units are referred to as "lock-offs." A
lock-off, sometimes called a lockout, is a unit that can be divided into
two separate sections. The owner of a lock-off has several options when
it comes to renting out the unit.
He or she may choose to:
Rent the entire unit to one party Stay in one half of the unit and rent
out the other half Rent out both halves to different parties
Quick Tip: While full timeshare units may have a full kitchen and laundry
facilities, the lock-off portion will likely look more like a hotel room
- with one room, a bathroom, and possibly a small kitchenette.
Dotti P. answered Nov 24, 2024