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Re: How can I rent a timeshare? (by Alfred N G.):

philipj18 wrote:

Dear David:

I had a question for you regarding my liability as the owner of the timeshare, for any damage caused by the renter. I am planning to rent out a week at the Marriot Grand Ocean Resort in Hilton Head, and I own the week at this resort (this year the week starts on 6/22/07). Since I will not personally know the renter of the unit, I want to make sure that I do not incurr any financial liability from Marriott. For example, they will charge a $250 fee if anyone in the unit smokes, and there are additional penalties for bring pets, damaging the furniture, etc. Do you require that the renter give you a refundable security deposit before they take possession of the unit. If I use an escrow company, do they insure that I will have no liability?

Thanks very much for your help.

Phil

I have always made the resort staff aware that my week/unit will be occupied by my GUESTS,and supply them with their names and the total number of occupants.I then insist that the renters Email the resort staff with their information to confirm that they will indeed be occupying the unit as my GUESTS.At my request,the resort will Email my GUESTS a letter confirming the reservation.This also eliminates the frivolous Guest Registration fee,usually $50.When my GUESTS arrive,they are treated as owners/exchange check-ins,i.e.,they will required to provide ID's,a major credit card,etc. So far, we've had NO problems with damages,charges,etc. But,by and large, the vast majority of renters are responsible adults.Not vandals.