What is the concept of a "lock-off" unit?

A "lock-off" unit refers to a specific type of timeshare arrangement that allows owners to split their unit into separate parts, which can be used or rented out at the same time. This flexibility is a significant benefit, as it enables owners to either enjoy part of their unit while renting out the other section or to utilize both sections for their own use during a specific period. Typically, a lock-off unit will have a shared kitchen or living area, but it can be customized for separate occupancy, making it particularly appealing for owners who want more options in how they use or generate income from their timeshare.

The option that describes a timeshare that cannot be divided does not capture the essence of the lock-off concept, as it inherently implies the ability to divide the unit. A standard hotel room also does not fit this definition, since it generally refers to a single accommodation without the features of timeshare or the ability to lock-off. Lastly, a timeshare unit available only in peak seasons fails to address the unique characteristic of lock-off units, which is the division and simultaneous rental or usage capability, rather than seasonal availability.