Post reply
Original Message:
Re: Floating high category (by RedWeek Support):
Angela D.: For a floating week, you will need to confirm with the owner the date range in which you can request to book a week. The ability to reserve a specific week will depend on the resort's availability, as opposed to a fixed week that you are guaranteed to have each year.
Aruba Surf Club ownership is RTU, which means you have the right to use the property for a specified period of time; usually from 20 to 99 years. The resort developer or Management Company holds ownership of the physical property. However, during the right-to-use period, the owner may rent, transfer, or bequeath the remaining years of their right to use property.
Deeded is true property ownership with a deed recorded in the county where the property exists. This type of property has the same rights of ownership accorded to it as other deeded real estate. The owner may sell, rent, bequeath, or give away the property.