Renting a timeshare: How safe is it?
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Re: Renting a timeshare: How safe is it? (by Mary D.):
I believe Bonnie was a owner planning to "rent out" some time, not a person looking for a vacation resort.
Actually, from the owner's viewpoint, I think this is pretty safe. The resorts do require a credit card at check-in which would be changed for damages in most cases rather than having them charged to the owner. Also, if the prospective renter has not paid in full by an agreed upon date before checking in, the owner can simply cancel the reservation. I get a deposit early and then change the Guest name to the renter's when final payment is received.