FREQUENTLY ASKED QUESTIONS
Q. What is involved in renting a timeshare?
A. Thank you for your interest in renting a
timeshare with Vacation Property Resales, Inc. When an offer is
submitted to rent a timeshare, the offer will be forwarded to a
buyer specialist who will review the offer. The buyer specialist
will make contact with the buyer by telephone or e-mail and normally
within 24 hours of the offer being submitted. This is done to
confirm the offer, verify the usage dates and answer any questions
the renter may have. Once the offer is confirmed, the buyer
specialist will then contact the owners of the vacation property to
present the offer for their consideration and to check availability
with the resort. When a response is received from the owners, the
buyer specialist will forward the response directly to the renter.
In the event there is no availability at the resort or if the offer
is declined, the buyer specialist will immediately notify the
renter.
If there is availability and the owner accepts the offer, then the
buyer specialist will require a $50.00 deposit to schedule the
rental. This deposit is normally made by credit card. When the
deposit is received, the owner of the timeshare will schedule the
rental reservation for the renter under the renter’s name and
receive a confirmation number or confirmation letter from the
resort. This confirmation is given to the buyer specialist who will
independently confirm the reservation. Upon receiving a valid
confirmation, the buyer specialist will instruct the renter on how
to send payment to the owner for the rental. Payment must be sent in
the form of a money order or certified check. Personal checks will
not be accepted. The owner will contact the buyer specialist when
the payment has been received and the confirmation number is then
given to the renter to check into the resort for the rental and the
deposit is released.
There are waivers that need to be signed by
both parties before the rental dates to ensure both parties are
protected. If payment is not received in full within 2 weeks of the
scheduled rental date, the renter will forfeit the reservation as
well as the $100.00 deposit.