okwiater
TUG Member
- Joined
- Mar 9, 2010
- Messages
- 1,718
- Reaction score
- 284
- Resorts Owned
-
WKV 2B Plat+ (x2)
WSJ 3B Plat+ (VGV/BV)
WLR 2B Plat+ Oceanside
SMV 2B Plat+
Sheraton Flex (x2)
This is a VSN fee as a claim by them to charge for the current cost of reservation charges (look at current VSN docs and not HOA docs - both are part of CCRs) as this is part of VSN management of VSE reservations.
DnR, the Vistana Signature Network (VSN) is just an exchange program that requires membership to participate. If you aren't a member of VSN, then VSN rules can't apply. That said, Vistana Signature Experiences (VSE) has been delegated certain responsibilities as the Management Company to run the resorts and process reservations, but it's worth noting that as the Management Company, they are explicitly bound to act in a fiduciary capacity according to at least one example of the Management Agreement between Vistana and the HOA. Implementing a fee that in no way represents the actual cost of processing a guest name change is a blatant violation of the standard of care to which they are legally bound.
Vistana as a profit-seeking enterprise is welcome to implement any fees they would like when it comes to Vistana Signature Network reservations; however, they are not entitled to do so when it comes to core usage of one's deeded property.
Again, I am not a lawyer, but given the language contained in some of the HOA/CCR docs, this fee doesn't appear to be legal at all of the resorts.