What is a Trustee?

Where timeshares are concerned, Trustees are a financial institution (such as a bank or a trust company) or group of individuals who hold timeshare properties and leisure facilities in trust on behalf of the owners. A timeshare buyer's Right To Use agreement is granted through the Trustees through a license or a Certificate of Ownership. Some trustees may have added responsibilities such as ensuring the continuity of the Owners Club.

Back to Glossary