Sensible logical interpretation of home resort rental is anything in the season and villa type you own. Whether or not it is booked at 18 months or 3 days.
But that is only TUG speculation.That sounds sensible, but at resorts with view designations, that might not work, depending on what "type" means. For example, Westin Princeville VOI's have no view designation, so owners could reserve a month out and get the season (1-50 or 51-52) and type (size) they own. If "type" is classified as size AND view, Westin Ka'anapali owners would be forbidden from renting anything reserved under 8 months at their home resort.
The statement is designed to catch those owning in Florida and renting HI or Barbados and arbitraging MF.
Going back to post 1 and the statement. If you use SO to book from one network resort to another that is an SVN reservation. Anything else is home resort.I just went to MyStarCentral to change the name on my reservation and besides asking if I would be present on my reserved week and if the person's was arriving before me it stated this:
"I acknowledge that the reservation is for personal use and not for rental or commercial purposes. In accordance with the Starwood Vacation Network Membership terms and conditions, rental of SVN reservations is prohibited. Violations of the SVEC Rules and Regulations may result in the suspension of an owner's right to reserve within SVN until compliant."
When did this happen?
Are my renters going to be asked if they rented this from me?
Has anyone had a problem with this?
Exactly - we met a couple last year at WKORV that were bragging how they owned multiple weeks at SVV (like 12), and used them to reserve WKORV/N and then rent them out.
This topic came up on this forum a while ago, because it was openly suggested that people use their SOs to reserve WKORV/N and then rent them. However, when this approach was brought up in regards to II exchanges they were immediately told that this was not allowed. Guess what? It is also not allowed for SVN exchanges, but for some reason (aka $$$) continues to be recommended.
Except it is not when you are not a member of SVN. It is just a currency used to represent the booking then.Not David, but I would guess they chose to not do the needed programming to differentiate between the different types of reservations. It was just easier to put the statement in for all reservation types.
The only gray area in my mind is if you rent out your home resort with a reservation made less than 8 mos. out. Technically, it is an SVN reservation, but there was some language that indicated that it was allowable.
Glorian
I acknowledge that the reservation is for personal use and not for rental or commercial purposes. In accordance with the Starwood Vacation Network Membership terms and conditions, rental of SVN reservations is prohibited. Violations of the SVEC Rules and Regulations may result in the suspension of an owner's right to reserve within SVN until compliant.
Agree to Terms and Conditions:*
8.1 Personal Use; Commercial Purposes. Use of the Units and facilities associated with SVN is limited solely to the personal use of SVN Members, their guests, invitees, exchangers, and for recreational use by corporations or other similar business entities owning VOIs. Purchase of a VOI or use of Units and facilities associated with SVN for commercial purposes, for contribution to or use in a different vacation ownership plan or vacation club (except as expressly permitted in the SVN Documents), or for any purpose other than the personal use described above is prohibited.
8.2 SVN Member Rentals. An SVN Member may reserve a Vacation Period at the SVN Member's Home Resort and rent it on the SVN Member's own account. All renters must comply with the rules and regulations of the Resort Documents affecting occupancy, and the renting SVN Member will be responsible for the acts or omissions of the SVN Member's renters or any other person or persons permitted by the SVN Member to use the Unit. Rental by an SVN Member of Units reserved through SVN (other than a Vacation Period reserved at the SVN Member's Home Resort) is prohibited.
I don't think they can put a deed restriction on the property after the fact anymore than a condo assn or developer can decide their owners can't rent after they already own the property.
I think this is still vague. If I own 10 Orlando units and 1 Maui unit, can I make multiple SVN reservations for Maui using my Orlando StarOptions?Rental by an SVN Member of Units reserved through SVN (other than a Vacation Period reserved at the SVN Member's Home Resort) is prohibited.
This is done all the time. There are many, many examples of homeowners and condo associations not permitting the rental of personally owned, deeded units.
I think this is still vague. If I own 10 Orlando units and 1 Maui unit, can I make multiple SVN reservations for Maui using my Orlando StarOptions?
This is done all the time. There are many, many examples of homeowners and condo associations not permitting the rental of personally owned, deeded units.
I think this is still vague. If I own 10 Orlando units and 1 Maui unit, can I make multiple SVN reservations for Maui using my Orlando StarOptions?
I think this is still vague. If I own 10 Orlando units and 1 Maui unit, can I make multiple SVN reservations for Maui using my Orlando StarOptions?
I think the intent is pretty clear. You can rent what you own. Anything else is just trying to find loopholes or contrived ways around the intent of the rule.
I think this is still vague. If I own 10 Orlando units and 1 Maui unit, can I make multiple SVN reservations for Maui using my Orlando StarOptions?
Very interesting. Usually it takes a majority vote to change a covenant. So no grandfather in that instance.
It could be why Wyndham is taking the approach they have initiated. Given that Wyndham does not in any way recognize resale,can they push through a similar policy that one can only rent what is bought from Wyndham.
If presented correctly I think most owners who bought through Wyndham would vote for it. Plus they have the votes with what they have in inventory
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