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Original Message:
Re: renting an exchanged RCI week, against rules? (by Kenneth K.):
On TUGs LMRs forums, no money ever goes to TUG for these rentals.
In the standard rentals section (Classifieds) the posting is free with membership if they want to post an ad ... but membership is $15.00 the first year. There is still no fee if anything is rented or sold.....
When the VP of Interval ( And I don't remember if RCIs Madge ever mentioned it) on the ask II section was asked if TUG should stop ads for rentals suspected of being against the exchange companies rules, he directly stated it was not the websites job to police the rentals..it was the exchange companies....but they would follow through with complaints.
The message on top of the Classifieds and forums continue to state this:
"... IMPORTANT: Major exchange company rules prohibit the rental of time deposited with them or of exchanged weeks, bonus weeks, etc.,obtained through them. Further, exchange companies have been known to take disciplinary action against violators of their rules when discovered via online sources such as this one. We discourage such rental offers on this board, and caution users of this practice..."
darlenep30 wrote:cynthia281 wrote:Make sure that your reservation is from the resort and not from RCI or Interval International. Many are renting weeks that do not belong to them, so be careful not to rent something they do not own. If it is an exchange, it is against the rules to rent it out.
This is one of the biggest problems with timeshares. Most honest owners tell everyone who ask that it is against RCI and II rules to rent a unit from these companies.
The problem with this is so many do rent and are getting away with it while the honest people sit back and can not get their units rented.
It doesn't help that people will rent a unit knowing this is the case because they save some money. Doing this many get very good resort they might not have been able to afford from the owner for higher rate.
"...These sites like Redweek and Tug and others understand this is going on and really don't care because they get their money for the listings..."
These exchange companies do not catch many of these owners until they pull it enough times to wave a red flag.
As with most of timesharing the honest people get hosed!