how do timeshare weeks work?

Post reply

Note: Please do not post ads in the timeshare forums. If you want to add a timeshare posting, go here.

Original Message:

how do timeshare weeks work? (by Lance R.):

Thank you. Im getting the contract details soon. I understand the renting aspect and I would but the place Im looking to buy is Royal, playa del carmen. I've been there about 6 times and will definitely be going back. The problem is there are none for rent and very few for sale. I don't want any time share I want this location. There are several Royals that people confuse this one with when responding to my posts. Assuming all is transferable the listing states 80 floating red season weeks with a RTU until 2057 and maintenance fees of 325 only when used. Again assuming its all transferable Im trying to find out if I can use and give away several weeks at the same time to go and vacation with friends during the same week. Im also trying to see if there were any other hidden costs other than the maintenance fees. Im aware of the all incluesive rate but are maint. fees, user fees and booking fees the same or all seperate charges? Im also waiting to hear about an assesment history. Like I said I've been here a bunch of times and its the best place I've ever been to. Im hoping thats the reason there arent a lot for sale or rent. Because people are happy with their purchase.

tracey75 wrote:
In general Mandatory All inclusive plans are very high. I would ask the person selling and then confirm the price with the resort. You are probably better off either renting from an owner or renting through the resort or a site like orbitz, etc. You should do your research to see if it is a place you would want to stay. You might want to inquire about renting before buying.

It is difficult to answer your questions because a lot of RTU contracts are specific to the 2 parties involved. It depends what the individual buyer negotiated. In terms of what transfers upon resale that would also be addressed in the contract because not all perks including ones like pay MF's only when you use the resort do not pass on to secondary buyers. You would definitely want to see and make sure you understand all the clauses in the original contract.