TIMESHARE 101

General Ownership

*Ownership week consists of seven (7) consecutive nights commencing at check in time on a Friday and concluding at check out on the following Friday.

*Ownership is either Annual (an A appears at the end of your contract number) or  Biennial (an E or O appears at the end of your contract number)

Annual ownership = 1 week every calendar year during your season**
Biennial ownership = ‘E’ = 1 week every EVEN calendar year during your season**

‘O’ = 1 week every ODD calendar year during your season**

**Seasons – please refer to your usage calendar (the last to numbers of your contract number specify what season you have)

Prime = wk #16 - #42
Flex = wk #9 – wk #15 AND wk #43 – 47 AND wk# 51 - #52
Sport = wk #1 – wk#8 AND wk #48 - #50

*Annual Vacation Ownership Association dues are billed annually and due at the first of every year. Dues must be paid for the year you are reserving by December 15, of the current year you are making the reservation. (ie: reserving week for 2010, dues paid by December 15, 2009)

*Unit owned is a one (1) bedroom/Occupancy four (4)

One (1) King size bed and One (1) Pull out sofa sleeper

Non smoking

No pets permitted

No barbecue’s permitted

Reservations using ownership week

*Reservations are accepted up to one (1) year in advance of check in date and are subject to availability.

*Weeks are from Friday-Friday, 7 nights.

*Reservations must be requested for the season owned and the calendar year of ownership week used.

*Reservations can be made only by the individual name(s) that appear on the FCC contract. However, the actual week can be used by whomever the owner designates.  This must be determined prior to guest check in.

*Cancellation must be made a minimum of fourteen (14) days prior to the reservation check in date or week will be forfeited for future use.

*Any special requests for unit location will be accepted but never guaranteed.

*Any unused days and/or nights, i.e. late check in or early check out, will be forfeited for any future use.

*If necessary, will update owner address, phone, e mail, vehicle, watercraft, etc. information.

Exchanging ownership week out of First Cabin Club requires depositing your week with an exchange company.  Please refer to ‘Exchange Opportunities’ for further information.

**NOTE THAT OWNERSHIP WEEK MUST BE USED AT FCC IN THE CALENDAR YEAR OR DEPOSITED WITH AN EXCHANGE COMPANY NO LATER THAN JULY 1ST OF THE CALENDAR YEAR OR WEEK WILL BE LOST.

Bonus Time Reservation

*Owners permitted to use a maximum of 7 nights per quarter, based on a calendar year

*Biennial owners are permitted use on the opposite year of their ownership week

*Reservations require a 2 night minimum and have a 7 night maximum

*Rate is $75 + nightly (subject to change), 7 days a week, 365 days a year

*Can be used by owner and immediate family only

*Reservations accepted twenty-one (21) days or less for desired check in date.

*Subject to availability

*Cancellation on reservations is 72 hours in advance of check in date or owner will be billed 1 nights room and tax