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Re: How can I rent a timeshare? (by Peter C.):

I rent timeshares for a living and accept credit cards. This is the best method of payment to protect yourself against an owner who doesn't deliver since you can dispute it with your credit card company. I agree completely though, that if you're paying by check it's important to negotiate who pays for the rental escrow company and insist on the escrow company. That is the best way to ensure you have the ability to get your money back if you pay by check. Think about it - signing an iron clad contract does you no good if the owner doesn't honor it. How are you going to get the owner to abide by the terms? Sue? You live in a different location than the owner and legal action will cost more than the rent. A basic contract is all you need, coupled with the use of the rental escrow. Or rely on your e-mails and the advertisement and pay by credit card! I rented two nights to a family earlier this year, and because I couldn't provide their other two nights they rented from a vacation timeshare owner. I believe the agreement was they would get the keys from the owner and pay in cash. When they arrived on Oahu the vac condo owner said there was a misunderstanding and said they had to pay a higher rent.