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Re: Caution - renting out exchanged weeks ...

[Q=zimmer1] jayjay, must work for RCI or II.......its nice of you to point out the quouted term above "owned" after all, it is "your" "time" that you bought or traded....I would imagine that IF rci /II would poll their "paying" members that the rules would change or membership would dwindle....bottom line is yoou own it. you should be able to rent it....and i beleive jayjay, that the policy is there to prevent owners from purchasing for the purpose of renting to begin with????? PUT YOUR WEEK IN THE BANK AT YOUR HOME RESORT THEY DON'T HAVE THESE RULES however they also charge for the assignment of the week[/Q] You can have your membership to RCI or II taken away from you if you are caught renting exchange weeks. You can rent your own weeks, the ones you purchased for your own use, but the exchanges are not yours, they belong to RCI. A guest certificate and an exchange fee are all you may collect from a friend or family member. These are the rules and you agree to them when you sign up with RCI. It is in the small print. The reasons for such rules are obvious. If some people grab the good weeks and rent them on redweek or any other rental site, these are weeks that are not available for the rest of us. You cannot benefit from renting another person's property. You would not borrow your friend's car and then rent it to another person, would you? It is the same thing. So rent out your owned weeks and do not rent exchanges. Resorts will notice when your renter is complaining about the unit location or other such reasons, When that renter says he/she rented the exchanged week on redweek, your exchange privileges will be revoked.