Rental Escrow

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Re: Rental Escrow (by Sanchia S.):

I am an owner and trying to rent for the first time. I would like to know if anyone has had an issue with getting the timeshare resort to switch the reservation to anothers name? Is this what the Escrow papers help cover? I have read through the other responses, but want to make this as smooth for me as for a potential renter. Does this Escrow cover our butt if the renter goes in and trashes the unit? I just would like a little guidance and advice on what is the best route to go.