Marriott ROFR Timeline

[StevenTing]

I grabbed the following timelines from this site. I noticed that it says that there are some resorts with no ROFR, and range from 10 days, 15 days, 20 days and 30 days for ROFR. However, I'm wondering if these are calendar days or business days. The link doesn't say.


http://advantagevacation.com/marriotts-right-of-first-refusal-terms-and-policy/

Marriott Vacation Club resorts that do NOT require a ROFR: (14 resorts)

Marriott’s Birch at StreamSide
Marriott’s Desert Springs Villas
Marriott’s Douglas at StreamSide
Marriott’s Evergreen at StreamSide
Marriott’s Fairway Villas at Seaview
Marriott’s Frenchman’s Cove
Marriott’s Harbour Club at Harbour Town
Marriott’s Harbour Point
Marriott’s Heritage Club at Harbour Town
Marriott’s Monarch Oceanfront in Sea Pines
The Ritz-Carlton Club, St. Thomas
Marriott’s Sabal Palms
Marriott’s Sunset Pointe
Marriott’s Royal Palms

There are two Marriott Vacation Club resorts which require a 10 day ROFR

Marriott’s Kauai Beach Club
The Ritz-Carlton Club, Bachelor Gulch

MVC Resorts requiring a 15 day ROFR (*Reflects a new resort or change) (16 esorts)

Marriott’s Canyon Villas at Desert Ridge
Marriott’s Desert Springs Villas II*
Marriott’s Grand Residence Club, Lake Tahoe
Marriott’s Grande Chateau
Marriott’s Ko Olina Beach Club
Marriott’s Maui Ocean Club*
Marriott’s Mountain Valley Lodge at Breckenridge
Marriott’s Newport Coast Villas
The Ritz-Carlton Club, Aspen Highlands*
The Ritz-Carlton Club, Kapalua Bay*
The Ritz-Carlton Club, San Francisco*
Marriott’s Shadow Ridge
Marriott’s St. Kitts Beach Club*
Marriott’s Summit Watch*
Marriott’s Timber Lodge
Marriott’s Waiohai Beach Club

One MVC resort requires a 20 day ROFR

The Ritz-Carlton Club, South Beach*

MVC Resorts Requiring a 30 day ROFR (*Reflects a new resort or change) (27 resorts)

Marriott’s Aruba Ocean Club* 30 days and *No Waiver Fee*
Marriott’s Aruba Surf Club* 30 days and *No Waiver Fee*
Marriott’s Barony Beach Club
Marriott’s BeachPlace Towers
Marriott’s Club Son Antem*
Marriott’s Crystal Shores at Marco Island*
Marriott’s Custom House
Marriott’s Cypress Harbour
Marriott’s Grande Ocean
Marriott’s Grande Vista
Horizons by Marriott Vacation Club at Orlando
Horizons by Marriott Vacation Club at Branson
Marriott’s Imperial Palm Villas
Marriott’s Legends Edge at Bay Point
Marriott’s Manor Club at Ford’s Colony
Marriott’s Mallorca*
Marriott’s Marbella Beach Resort*
Marriott’s MountainSide at Park City
Marriott’s Ocean Pointe at Palm Beach Shores
Marriott’s OceanWatch Villas at Grande Dunes
Marriott’s Phuket Beach Club*
Marriott’s Playa Andaluza*
The Ritz-Carlton Club, Jupiter
Marriott’s SurfWatch*
Marriott’s Villas at Doral
Marriott’s Village d’Ile-de-France*
47 Park Street Grand Residences by Marriott

Marriott Destination Club has a 30 day ROFR

 

[Saintsfanfl]

I am pretty sure they are actual days and not business days. The number of days is confusing and in practice it might be meaningless since the transfer department requires an ROFR waiver in order to process the transfer. They generally respond fairly quick though. About a week for the 30 day resorts.

 

[StevenTing]

I'm going on 15 calendar days on a resale but the Title company is telling me it's 15 business days. I'm getting a little antsy. It's actually been 30 days since it was submitted but it really didn't go in until April 12. I was a little peeved that they lied to me the first time on the submission date.

 

[GregT]

I'm going on 15 calendar days on a resale but the Title company is telling me it's 15 business days. I'm getting a little antsy. It's actually been 30 days since it was submitted but it really didn't go in until April 12. I was a little peeved that they lied to me the first time on the submission date.

Steven, I don't know the real answer, but have always thought it was 30 calendar days -- I'm sorry this has been such a pain but really believe you will pass ROFR and get those weeks.

Please keep us apprised.

Best,

Greg

 

[TXTortoise]

Steven, I just looked at my March closing on a MOC unit via Syed and Old Republic Title.

His office quoted 15 business days ROFR by Marriott, but as best as I can tell from the emails it cleared within a week to 10 calendar days. Probably just depends on the queue at Marriott.

That said, Syed and the title company were fast throughout the process. Appx. five weeks from me getting docs, signing, and final closing after the wire transfer.

 

[dioxide45]

I looked at the provision in the Grande Vista condo declaration documents. It just specifies days. No mention of business or calendar. Given that it doesn't mention "business", it would be calendar days.

 

[5infam]

In the last 6 months I had 4 units submitted for ROFR, Marriott told me 15 business days. One was over a holiday and they took a bit longer. On average, 2 to 3 weeks. If your submit date was April 12th, then you have 1 week to go. Hang in there!

 

[geist1223]

You have to look to State Law in which the Timeshare is located. Many time when a time limit is less than 7 days it is business days. While if it is 7 days or more it is calendar days. I am not giving any legal advise. If nothing specific in the laws dealing with timeshares look up the general statutes.

 

[dioxide45]

You have to look to State Law in which the Timeshare is located. Many time when a time limit is less than 7 days it is business days. While if it is 7 days or more it is calendar days. I am not giving any legal advise. If nothing specific in the laws dealing with timeshares look up the general statutes.

I am not sure it is based on state law. The provisions are spelled out in the condo declaration CC&R documents. Not every property has ROFR and as you can see from the list, different properties in the same state have different number of days. Perhaps you are referring to the number of days for rescission of the purchase of a timeshare? That absolutely is based on state law.

 

[dualrated2]

A business day is a work day and Owner Services is open six days a week.

 

[Tokapeba]

I put one in on 4/18 and haven't heard anything yet.

 

[dioxide45]

A business day is a work day and Owner Services is open six days a week.

True, but it may be moot when it comes to ROFR, because I think that is all based on calendar days.

 

[Saintsfanfl]

A business day is a work day and Owner Services is open six days a week.

Owner Services does not handle ROFR or transfers. They are different departments in different locations and they are not open on weekends.

On a side note what happens if Marriott takes too long? They lose their right legally but I think you still need the waiver form.

 

[Tokapeba]

I received my ROFR waiver today. We started on 4/18 and today is 5/4. That's a little over 2 weeks.

 

[Trudyt623]

What is a no waiver fee?


MVC Resorts Requiring a 30 day ROFR (*Reflects a new resort or change) (27 resorts)

Marriott’s Aruba Ocean Club* 30 days and *No Waiver Fee*
Marriott’s Aruba Surf Club* 30 days and *No Waiver Fee*
Marriott’s Barony Beach Club
Marriott’s BeachPlace Towers
Marriott’s Club Son Antem*
Marriott’s Crystal Shores at Marco Island*
Marriott’s Custom House

 

[StevenTing]

What is a no waiver fee?


MVC Resorts Requiring a 30 day ROFR (*Reflects a new resort or change) (27 resorts)

Marriott’s Aruba Ocean Club* 30 days and *No Waiver Fee*
Marriott’s Aruba Surf Club* 30 days and *No Waiver Fee*

I believe it means that there is no $95 fee for the ROFR.

 

[Trudyt623]

Thank you Steven

 

[kds4]

I looked at the provision in the Grande Vista condo declaration documents. It just specifies days. No mention of business or calendar. Given that it doesn't mention "business", it would be calendar days.

I agree. Since the guidelines were drafted by Marriott, they would be construed against them and in favor of a buyer in questions like this (basic contract law). Since 30 business days is longer than 30 calendar days, absent a declaration of business days in the document the interpretation most likely upheld by a court of law would be it means calendar days.