[QUOTE="0063f, post: 2092670, member: 101308"} I have an opportunity to receive a floating timeshare week with a 2 week option at Vidanta Grand Palace Puerto Vallarta. Unfortunately its through a Will.I would be more interested in trading rather than using so would it be smart to accept this or politely saying no thank you. There is no cost to me acquiring this week. Appreciate all opinions.
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Vidanta is RTU ( right to use ) so no deed ( basically a good thing ) and were good for 25 years ( renewable for more / but also your "out" at no cost )
Please look at the contract & post some details of when purchased and MF .
Vidanta is non AI and has really nice resorts -- ( and one of the "best" hard sell TS sales forces )
The contracts can be transferred to immediate family for $0 . I assume you qualify .
I and others in the Mexican forum can answer specific details .
No one here has given you bad advice / but there are nuances that may make it worth keeping ( for a while at least )
ie : from a recent post - parents bought in 1988 and had paid 25 year renewal . MF was $ 475 for a 2 bedroom ( due to contractual % cap on yearly MF increases )
The MF on more recent contracts for the same would be about $ 875 .
Contract since about 2006 often have MF payable on use only ( " no go / no pay " ) a fairly unique feature in the TS universe . This addendum transfers to family BUT NOT
on any resale .
So - if you wish please post some details that are in the original paperwork ( or can be sent to you in a email PDF by Vidanta Member Services )