Your timeshare is part of your estate so you can bequeath it to whomever you want. You can use it yourself, lend it to friends and family, rent it, conserve it for two years or borrow from future years. You can sell it and of course you can exchange it for other luxury resorts around the globe through RCI and Period International (II) or Dial and Exchange (DAE) (do you get a salary when you start timeshare during training). A lot of credible Timeshares sold are exchangeable all over the world through RCI, II, DAE or other exchange organisations. There are a number of timeshare exchange companies. The most known are Resort Condominiums International (RCI) and Period International (II).The principle is actually quite basic. Timeshare exchanging ways to trade your week at your resort with another timeshare owner's week at another resort. There is now another exchange business, Dial an Exchange (DAE), which although much smaller sized, offers an effective and friendly service at much lower rates. Clearly the option of resorts is more restricted. See exchange business for additional information - what do i need to know about renting out my timeshare?. Most timeshare ownerships are either freehold or rented for a specific variety of years. A freehold timeshare is like any house purchase in that you own the timeshare outright permanently. The freehold property can be offered, rented and even willed to your heirs.