What term refers to the part of a property set aside for individual use in timeshare agreements?

In timeshare agreements, the term that specifically refers to the part of a property designated for individual use is "Unit." This reflects the common structure of timeshare properties, where each owner has access to their own designated living space or area within the larger property.

Units are typically individual accommodations, such as condominiums or villas, that are part of a resort or development. This allows timeshare owners to enjoy their own space during their allocated time without the need to share it with others, ensuring privacy and personal use.

The other terms, while they may relate to different types of accommodations or areas within a larger property, do not carry the same specific connotation within the context of timeshare agreements. For instance, an "Apartment" generally refers to a single residential unit but does not inherently suggest shared ownership or usage, as in the case of a timeshare. A "Suite" could denote a more luxurious or expansive accommodation but lacks the direct association with ownership timeframes. "Facility" is a broader term that encompasses the entire property and its amenities rather than an individual ownership unit. Thus, "Unit" is the most accurate choice in this context.