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STARWOOD Timeshare Right of Refusal

I want to sell my timeshare at the Westin Kanipauli. I called Starwood to inquire how to do this, and they told me that they had a last right of refusal if I had someone which means that they could stop my sale. They did offer to buy it for $7,500. I paid $40,000. Is that legal? They would just turn around and sell it for $40,000 or $50,000. Has any one else dealt with this?