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Re: Tips on Renting Out Timeshare (by Tracey S.):

If you rent to friends or family they will probably never know. The large exchange companies do browse to see if high ticket exchanges appear for rental. There is also the part where you forward the confirmation and it explicitly states that renting the exchange is not allowed. The person that you just rented to may not want to be involved in doing something that is not allowed and may turn you in. They also may do or say something at the resort that could get you in trouble as well. I understand you want to try to make back something for an exchange you can't use. Your best bet is not to involve someone you don't know because it is much more likely that you will be caught and could have the exchange cancelled and even your account suspended. That being said you would probably be able to make more if you advertise it as widely as possible. So you have to decide what risk you are willing to take. You would also have to decide whether you tell the person that you don't know that you are renting to that you aren't quite following the rules or if you decide to just not mention it. That's where it is a lot easier if you deal with someone you know.

In all likelihood if you do it once, you won't get caught. The more you do it the more likely that you will and those that make a business out of it are the ones most likely to be caught.