How is a resort structured that allows for both whole-owner tenants and timeshare interest owners referred to?

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A resort that accommodates both whole-owner tenants and timeshare interest owners is commonly referred to as a mixed-use resort. This structure allows the property to serve two distinct types of ownership: full ownership for some units and timeshare options for others. This approach enables greater flexibility and maximizes revenue potential for the property, as it can cater to different markets and consumer preferences.

In a mixed-use resort, the owners of whole units typically have exclusive rights and full control over their properties at all times, while timeshare owners have rights to use the property during specific time periods. The integration of these two ownership types within one resort can create a vibrant community atmosphere, appealing to a broader range of guests and promoting year-round occupancy.

The other options such as dual-use resort, shared resort, or combined interest resort do not accurately capture the established terminology used within the industry to define a resort that successfully merges whole ownership with timeshare arrangements. Thus, mixed-use resort stands out as the correct term for this type of development.

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