I have had an involuntary thought.
With several of the topics being discussed right now . . . Sunset Clause, RTU, Deedback, et al . . . it seems some people are concerned about how long they have the right to use their timeshares, and some people are concerned about how long they are obligated to maintain their timeshares. Some see length of ownership as a positive and some see it as a negative.
It seems to me that a logical solution would be for all timeshares to be RTU, with a renewal option, for a reasonable period of time for owners to assess, and decide, whether continuing on fits their (changing) needs.
Say 10 years.
That seems like a period anyone could last, if they knew they could get out at the end of it.
- - - - -
Sorry, I had to stop and eat some BLTs and sweet corn
- - - - - -
Owners would be able to calculate, upfront, how many vacations they will get for their "investment".
Knowing they had to provide what they promised, or owners would not renew, would give resorts an incentive to provide what they promised.
Resorts would have an exact figure for how many were coming up for renewal.
And, if an owner elected to not renew, the resort would have it back to sell again.
No deedbacks, no threats, no litigation, no transfer fees, no upfront fees to unscrupulous resale companies . . . .
With several of the topics being discussed right now . . . Sunset Clause, RTU, Deedback, et al . . . it seems some people are concerned about how long they have the right to use their timeshares, and some people are concerned about how long they are obligated to maintain their timeshares. Some see length of ownership as a positive and some see it as a negative.
It seems to me that a logical solution would be for all timeshares to be RTU, with a renewal option, for a reasonable period of time for owners to assess, and decide, whether continuing on fits their (changing) needs.
Say 10 years.
That seems like a period anyone could last, if they knew they could get out at the end of it.
- - - - -
Sorry, I had to stop and eat some BLTs and sweet corn
- - - - - -
Owners would be able to calculate, upfront, how many vacations they will get for their "investment".
Knowing they had to provide what they promised, or owners would not renew, would give resorts an incentive to provide what they promised.
Resorts would have an exact figure for how many were coming up for renewal.
And, if an owner elected to not renew, the resort would have it back to sell again.
No deedbacks, no threats, no litigation, no transfer fees, no upfront fees to unscrupulous resale companies . . . .
Last edited: