Nevada Timeshare License Practice Exam

Question: 1 / 400

Having timeshare ownership that can be used seasonally is known as what?

Fixed use

Pooled use

Floating use

Seasonal timeshare ownership allows owners to utilize their property at different times of the year, depending on availability. This specific arrangement is termed floating use. It provides a level of flexibility, allowing owners to book their stay within a specified season rather than being tied to a fixed timeframe.

In this context, fixed use refers to a timeshare ownership where owners have a predetermined week or weeks each year, ensuring that they always stay during the same time. Pooled use typically implies a system where multiple properties are available for timeshare owners but does not necessarily focus on seasonal availability. Variable use often suggests a more wide-ranging option but lacks the specific seasonal aspect that defines floating use. Therefore, the correct answer reflects the unique feature of seasonal flexibility found in floating use.

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Variable use

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