Timeshare Ownership: Legal Rights and Responsibilities

This structure creates one title per week per villa, reserving one week for maintenance. Every owner has the right to use one week (Friday to Friday) per year, per title. There are several different types of ownership.

Fixed Weeks:

Reserve the same villa and week each year—typically during peak seasons like ski holidays or summer.

Floating Weeks:

Participate in a pooled system, choosing any available villa/week—ideal for visiting Queenstown in different seasons annually.

Biennial weeks

Some titles are biennial, meaning owners hold either an even-year or odd-year week, granting them the right to use their week in the corresponding year. These owners are only required to pay the levy in the years when they have usage rights.

Governance & Management

All owners are members of the Body Corporate, which is responsible for overseeing the resort under requirements of the Unit Titles Act. Every year there is an annual general meeting providing all owners the opportunity to engage in decisions regarding the resort's operations.

Body Corporate Committee (BCC)

At each Annual General Meeting, owners elect a committee—comprised only of fellow owners—to oversee resort operations. This committee reports back to the owners at every AGM and by newsletters during the year. Typically, the AGM also includes a motion that delegates decision‑making authority to this elected committee.

Management Company

The BCC, in its capacity, engages Classic Holidays to coordinate the resort's day-to-day management, including reservations, staff oversight, and upkeep. Classic Holidays operates according to a contract agreed upon with the BCC.