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Original Message:
Re: Buying Marriott Vacation Club Resale (by Ann C.):
mike1536 wrote:The system is designed so Marriott makes the money. Marriott will NOT exercise it's ROFR unless they know they can "flip" it to someone on the waiting list. Then they double or triple the price; make a hefty profit without a lot of expenses. I doubt Marriott would do a ROFR if they thought the unit would hang around for more than a few months.Another question. Can Marriott exercise ROFR if an owner wanted to give the TS to a family member (sibling, cousin, uncle,etc) and basically get the TS back for $0? What about if it was sold to a family member for a "token amount"?
You would need to call Marriott's owner services and handle this. No money can be exchanged or it looks like a sale. If it is a sale, then Marriott has the right to exercise FROF.