Your Timeshare Benefits - Do They Transfer When You Sell?
We are seeing a trend from some vacation timeshare developers which we believe is not beneficial to the timeshare seller.
I refer to cases where the original buyer buys because of special benefits that came with the timeshare. Not until the sellers go to sell, do they discover that those benefits do not transfer to the new buyer.
Therefore the value of the ownership is deflated.
An example of this would be "points" (splittable use periods). Many people buy because they are on a point system that entitles them to use the timeshare in daily increments rather than a week, plus the points can be useable in many different resorts.
Upon resale, the seller finds out that all they can sell is the one-week increment that the unit is deeded to.
Our opinion is that it should be pointed out "in bold letters" in the original sales pitch that certain benefits will not transfer at the time of resale.
The reason behind the benefits limitation, is suspected to be that it is a way for the developer to keep resale owners from competing with the the new sales of the developer.




