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David Walley’s Resort is the perfect vacation ownership resort, set in a beautiful getaway destination with activities and amenities to please all tastes.

  • Deed and Title - you own it forever, it becomes part of your estate!
  • Ownership can be passed on to heirs or resold
  • Incredible Exchanging Power - exchange with the magic of a beautiful home resort
  • Great Vacations - With an array of activities such as world class skiing, horseback riding, gaming at the area casinos, tennis, golfing and fishing – the fun never stops!
  • Professional U.S. management provided by Trading Places International, a 36-year leader in timeshare resort services

About Timeshare

Timeshare is very similar to owning a condominium in which the amenities and the common areas are shared. With timeshare, instead of owning the whole condominium, you own week(s) of Use Time. Owners may exchange their resort time for another resort, or week.

It is clear that timesharing is gaining in popularity according to the American Resort Development Association, the timeshare industry body. If you are regularly spending your hard-earned money to rent hotel rooms, there is a smarter way. For about the same money as it would cost to rent a few vacations in a nice hotel, accommodations can be owned forever in a vacation timeshare condo.

Vacation ownership, also known as timeshare, is redefining leisure travel. Owning a timeshare is your ticket to better vacationing. This means an ever-expanding choice of accommodations, amenities, locations, pricing, use plans, and timeshare exchange. You can tailor vacations to meet your lifestyle needs and travel dreams at more than 5,000 resorts in almost 100 countries around the world.

Timeshare owners typically buy one or more weeks at a specific resort and return to that resort every year or exchange it for time at another of thousands of timeshare properties worldwide. Whether you want to enjoy the beach, a snowy winter ski break, a pampering spa retreat, a luxury cruise, or an annual reunion of three generations at a favorite resort, you can choose the vacation option that works best for you! For a small fee, companies like Trading Places International will perform these exchange services.

Timeshare History
Did you know that timesharing started by accident? The first timesharing project was a ski-resort. A Frenchman decided to share his ski chalet with his friends and family, so he split the ownership into pieces, assigning a month to each of 12 members. It turned out to be a great success–and lots of fun for the members. From this beginning, a new way of vacationing was born. Most vacation ownership resorts today are luxurious, spacious, well located, convenient... and one of the fastest growing forms of travel accommodations.


The following terms are generic to the vacation ownership world and all may not apply to your home resort, but may come in handy when you exchange.

Assigned Week
The week you select and use each year for your vacation.

see deposit

Banked week
A credit due as a result of depositing a week with Trading Places International (TPI) or another exchange organization.

Bonus Time
Use of your Home Resort during times other than the time you bought.

A Unit/Week given to TPI or other trade company with or without the concurrent submission of a Trade Request and prior to confirmation of a trade into the deposited Unit/Week.

The entity that develops, markets, and sells interests in a resort.

Your use of a Unit/Week other than that which you own or have reserved at your own Resort (internal Exchange) or another Resort (external Exchange).

Exchange Confirmation
Written notification from TPI or other exchange company that your exchange request has been fulfilled and that accommodations have been made available at a Host Resort.

Exchange Fee
The fee paid you pay for a confirmed Exchange.

Exchange Request
An application for an Exchange which may or may not be concurrent with the Deposit of a Unit/Week.

Family of Resorts
A select group of resorts with which Trading Places International has developed a special relationship making it easier for you to trade into them.

Fixed Time
You own the same week each year. Guarantees you will be able to use the same week you purchased every year provided you are not delinquent in your maintenance fees.

Floating Time
If you are current on your maintenance fees, you have the flexibility to select (on a space available basis) the specific week you want for regular use, trade, or rental in a unit of the same type and season you own.

Home Resort
The resort where you own an interest.

Host Resort
The resort into which you have a confirmed exchange.

The maximum number of persons that may be accommodated in a resort unit.

Anyone other than the Developer who has acquired a shared interest in a Resort.

That period of the year which you have purchased at your Home Resort as defined by your purchase agreement. Also, various periods of the year as defined by the Host Resort involved in a Trade.

A timeshare estate, interest, or license; a week, unit week, or any other right to occupy accommodations for a specific period of time at a Resort.

The assignment of a Trade or Use Week in a more desirable Season or Unit of greater Occupancy than that deposited by that client.

Upgrade Fee
The amount paid for an Upgrade.

Use Week Confirmation
Written notification from TPI that your use week has been assigned and may be used at your Home Resort, submitted for Trade, or rented out.

Become an Owner

For information regarding becoming an owner at David Walley’s, please call 800-332-3250.

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