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Original Message:

Re: Person I rented to isn't leaving resort! (by Mike N.):

paulah89 wrote:
Just curious--I am new to RedWeek and wonder whether a contract drawn up by a titling company would have been more binding? Or, are they simply negotiators of fund collections? We own in Aruba (Marriott Surf Club), and I worry about us being charged for damages caused by someone renting our unit. Thanks
================ An escrow company would only "hold" the money. They would not be liable for any damages. You can give your week to Marriott; they will rent it and send you a percentage of rent. In this case, you would not be liable for any damages. Other than collecting a large security deposit, I don't know of another method to protect yourself from damages.