Am I allowed rent out an exchange?

[Gemini Chica]

I have an exchanged week (from one of my week deposits) which I am not going to be able to use, am I allowed to rent it out?

 

[jabberwocky]

No. As per II you are not allowed to rent exchanges.

 

[jwalk03]

You are not allowed to rent it. You can purchase a guest certificate for it of course and add anyone you like to it. Maybe a "friend" or a "cousin" or "co-worker". Just don't advertise it. You can also posted in the distressed forum here on TUG which may allow you to recoup something for it.

 

[Gemini Chica]

Thanks what I thought but wasn't sure.

 

[Saintsfanfl]

The hard II rule is that you cannot advertise it. Extremists will say you can't sell a getaway even at a loss but it simply is not true. Interval specifically allows you to purchase a getaway in someone else's name and use that person's credit card for the purchase. The entire system is designed to be shared with friends and family.

 

[bazzap]

These are the II rules referred to earlier.

As mentioned, II can and do check for Exchange and Getaways being rented out and they do cancel reservations and suspend membership when they find these (so yes, sometimes people do rent them out and II don’t pick up on it, but it is against their rules and a big risk for both parties)

“Guest Certificates may only be obtained for personal or noncommercial purposes. Failure to secure a Guest Certificate where required for a guest of the Member when the Member does not plan to occupy the Host Accommodations (including instances where the Member has been issued Confirmations for multiple units having the same travel dates at the same Member Resort), or obtaining Guest Certificates that are used for commercial purposes may result in termination of the membership and cancellation of any existing Confirmations, including those with future travel dates. Guests of Members who arrive at a Host Resort without a Guest Certificate will be denied access to the accommodations until the Member has purchased a Guest Certificate from II.”

https://www.intervalworld.com/iimedia/pdf/iw/buyers-guide.pdf

 

[Gemini Chica]

These are the II rules referred to earlier.

As mentioned, II can and do check for Exchange and Getaways being rented out and they do cancel reservations and suspend membership when they find these (so yes, sometimes people do rent them out and II don’t pick up on it, but it is against their rules and a big risk for both parties)

“Guest Certificates may only be obtained for personal or noncommercial purposes. Failure to secure a Guest Certificate where required for a guest of the Member when the Member does not plan to occupy the Host Accommodations (including instances where the Member has been issued Confirmations for multiple units having the same travel dates at the same Member Resort), or obtaining Guest Certificates that are used for commercial purposes may result in termination of the membership and cancellation of any existing Confirmations, including those with future travel dates. Guests of Members who arrive at a Host Resort without a Guest Certificate will be denied access to the accommodations until the Member has purchased a Guest Certificate from II.”

https://www.intervalworld.com/iimedia/pdf/iw/buyers-guide.pdf

Knew for sure on the getways but exchange wasnt sure as to me thats my week so can't really see why not allowed!!

 

[bazzap]

Knew for sure on the getways but exchange wasnt sure as to me thats my week so can't really see why not allowed!!

I would agree if it were my decision that would seem logical and reasonable.
Unforunately, it is not the way that Interval view it.
To be fair to them, I believe their rule is really targeted at those who rent out multiple exchanges, essentially running it as a commercial business.
As I say people do it and if it is a one off or just occasional it may well not get picked up, but it is a risk which Interval will sometimes take serious action on.

 

[Gemini Chica]

I would agree if it were my decision that would seem logical and reasonable.
Unforunately, it is not the way that Interval view it.
To be fair to them, I believe their rule is really targeted at those who rent out multiple exchanges, essentially running it as a commercial business.
As I say people do it and if it is a one off or just occasional it may well not get picked up, but it is a risk which Interval will sometimes take serious action on.

Yes, totally, I don't need the hassle of that!!!

 

[Dean]

Knew for sure on the getways but exchange wasnt sure as to me thats my week so can't really see why not allowed!!

Technically as I am told, II will not even let your recoup any exchange or guest cert fees were RCI will semi officially allow one to recoup those direct expenses.

 

[Theiggy]

I completely understand why II doesn’t allow renting exchanges and I’m glad they don’t. If they did, people would grab up all the good weeks to rent for a profit like they do with their home weeks. It’s one thing if it’s your home week but... it’s good to have exchange options.

That being said you can get a guest certificate as others have said for a friend or family or whatever.


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[NboroGirl]

I did it once, back when I was a new, Marriott timeshare owner, but I would never do it again now that I know and understand the rules. I exchanged my 2BR Grande Vista for a 2BR at... KBC I believe (Kauai) and then learned it was for the same week that my son's freshman orientation at Cornell was. So I rented it out on ebay. I didn't profit from it - I believe I asked for the same amount of money as my maintenance fees were at MGV+the price of the ad (I told you - I was new to MVC ). One potential renter asked if I owned the week and I replied no, and explained the situation. Needless to say, in spite of that the week rented very quickly and some couple got a nice vacation.

 

[tschwa2]

The hard II rule is that you cannot advertise it. Extremists will say you can't sell a getaway even at a loss but it simply is not true. Interval specifically allows you to purchase a getaway in someone else's name and use that person's credit card for the purchase. The entire system is designed to be shared with friends and family.

I think anyone can purchase the getaway or pay the exchange fee for you or for themselves or anyone else. The rule is you can't asked to be re-imbursed for anything. If it is a friend or family member, II will never know if you have any kind of agreement for compensation.

 

[Saintsfanfl]

I think anyone can purchase the getaway or pay the exchange fee for you or for themselves or anyone else. The rule is you can't asked to be re-imbursed for anything. If it is a friend or family member, II will never know if you have any kind of agreement for compensation.

Agreed. The strict language has to be there to protect against abusers and those trying to profit as a cockroach business off II reservations.

 

[jme]

Knew for sure on the getways but exchange wasnt sure as to me thats my week so can't really see why not allowed!!

It's really not "your" week.....that is rather presumptuous.
Your week was the ownership week you relinquished to an exchange company in a transaction.
Actually you were allowed via that transaction to occupy someone else's week that was deposited by them.
It's a wonderful privilege to be signed up in such a program....a really fantastic perk, but not to be misused.
There are several reasons already noted as to why "other" practices are not appropriate.
We have had many great trades that allowed us to enjoy this country and beyond.

 

[Dean]

It's really not "your" week.....that is rather presumptuous.
Your week was the ownership week you relinquished to an exchange company in a transaction.
Actually you were allowed via that transaction to occupy someone else's week that was deposited by them.
It's a wonderful privilege to be signed up in such a program....a really fantastic perk, but not to be misused.
There are several reasons already noted as to why "other" practices are not appropriate.
We have had many great trades that allowed us to enjoy this country and beyond.

It'd be like subletting a rental without permission of the owner.

 

[Gemini Chica]

.

 

[Gemini Chica]

It's really not "your" week.....that is rather presumptuous.
Your week was the ownership week you relinquished to an exchange company in a transaction.
Actually you were allowed via that transaction to occupy someone else's week that was deposited by them.
It's a wonderful privilege to be signed up in such a program....a really fantastic perk, but not to be misused.
There are several reasons already noted as to why "other" practices are not appropriate.
We have had many great trades that allowed us to enjoy this country and beyond.

I disagree, if I have a week and have paid MF on it and exchange it I still consider it my weeks usage, if I exchange my week for DP points and book a week that's someone else's week that they have deposited but am allowed to rent it, so to me follows the same idea. That's where my confusion was. I don't find it presumptuous, just logical. I have no intentions of misusing it, simply asked to be clear.

 

[Dean]

I disagree, if I have a week and have paid MF on it and exchange it I still consider it my weeks usage, if I exchange my week for DP points and book a week that's someone else's week that they have deposited but am allowed to rent it, so to me follows the same idea. That's where my confusion was. I don't find it presumptuous, just logical. I have no intentions of misusing it, simply asked to be clear.

I can see how one would look at it that way but II certainly doesn't. Here's the language from the II buyers guide. As I posted above it's more like having a rental and not being able to use it and trying to sublet it. One would never logically do so without the owners permission.

The Host Accommodations may be used only for personal and noncommercial purposes. Members are expressly prohibited from exchanging or renting the Host Accommodations, including, but not limited to, offering the Host Accommodations for sale or rent to third parties through the use of a Guest Certificate or otherwise. Failure to
use the Host Accommodations will not entitle Members to use the Home Resort accommodations for the period relinquished. Confirmations are issued only in the name of the Member placing the exchange request, and Host Accommodations may be used only by the Member and accompanying guests, unless a Guest Certificate is obtained from II. There is a fee for each Confirmation assigned via a Guest Certificate which must be paid, plus any applicable tax, when the certificate is requested. This Guest Certificate fee is in addition to the exchange
fee required when the exchange request is placed. Notwithstanding
the foregoing, Interval Platinum Members are not required to pay a Guest Certificate fee when requesting a Guest Certificate for their guests. Guest Certificates may only be obtained for personal or noncommercial purposes. Failure to secure a Guest Certificate where required for a guest of the Member when the Member does not plan to occupy the Host Accommodations (including instances where the Member has been issued Confirmations for multiple units having the same travel dates at the same Member Resort), or obtaining Guest Certificates that are used for commercial purposes may result in termination of the membership and cancellation of any existing Confirmations, including those with future travel dates. Guests of Members who arrive at a Host Resort without a Guest Certificate will be denied access to the accommodations until the Member has purchased a Guest Certificate from II.

 

[curbysplace]

I disagree, if I have a week and have paid MF on it and exchange it I still consider it my weeks usage, if I exchange my week for DP points and book a week that's someone else's week that they have deposited but am allowed to rent it, so to me follows the same idea. That's where my confusion was. I don't find it presumptuous, just logical. I have no intentions of misusing it, simply asked to be clear.

I think you really stated an obvious reason for a difference between renting out “your” deeded MVCI owned week or points-reserved week vs an Interval International exchange week. You said “if I have a week and have paid MF on it and exchange it I still consider it my weeks usage”. You’re absolutely right in what you said but I believe right there is the difference. HAVING a week versus ‘considering it my weeks USAGE’. HAVING your week: it’s yours, you own it and you have certain property rights that go with that ownership. The II exchange changed the character of what you now have to a right to use a week (weeks USAGE) which is owned by someone else. You don’t have the same property rights in your right-to-use week, the II week, that you do not own.

 

[Gemini Chica]

I think you really stated an obvious reason for the difference between renting out “your” deeded MVCI owned week or owned points-reserved week vs an Interval International exchange week. You said “if I have a week and have paid MF on it and exchange it I still consider it my weeks usage”. I believe right there is the difference- HAVING a week versus considering it my ‘weeks USAGE’

I asked was it allowed to clarify, due to my point of view....... if I pay for MF for a week however I use it then IN MY OPINION should be my choice to rent or not. However those are not the rules so so be it. I can’t rent it, fine, so I have my answer!


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[bankr63]

If I were to gift a week and guest certificate to a family member, would it be so wrong if they gifted me back a negotiable piece of paper with similar funds to the amount spent on the fees? After all, most families 'exchange' gifts on gift giving occasions. For certainty I would explain to the family member that it was a gift exchange of course. Just speaking hypothetically here...

 

[Dean]

If I were to gift a week and guest certificate to a family member, would it be so wrong if they gifted me back a negotiable piece of paper with similar funds to the amount spent on the fees? After all, most families 'exchange' gifts on gift giving occasions. For certainty I would explain to the family member that it was a gift exchange of course. Just speaking hypothetically here...

Is it done, sure. Do people get by with it routinely, I suspect they do. But from a legalistic standpoint if one is conditional on the other it wouldn't matter how it is done, it'd be the same thing. Now if you truly gave an exchange to someone and they gave you something truly out of gratitude, that would be fine. What I hear you saying though is it's a gift; wink, nod, and that would not be OK within the rules as I understand them.

 

[davidvel]

I think you really stated an obvious reason for a difference between renting out “your” deeded MVCI owned week or points-reserved week vs an Interval International exchange week. You said “if I have a week and have paid MF on it and exchange it I still consider it my weeks usage”. You’re absolutely right in what you said but I believe right there is the difference. HAVING a week versus ‘considering it my weeks USAGE’. HAVING your week: it’s yours, you own it and you have certain property rights that go with that ownership. The II exchange changed the character of what you now have to a right to use a week (weeks USAGE) which is owned by someone else. You don’t have the same property rights in your right-to-use week, the II week, that you do not own.

What about if she trades her week for DP as she noted and gets someone else's week in exchange? Why can she rent this out? Your analogy fails in this situation.

(And I know the reason is because that's how they made the rules, which is really the only reason that matters.)

 

[TheTimeTraveler]

Renting a week is possible ONLY if you own it. If you give it to Interval International then Interval International owns it and controls it. One needs to play by the house rules.....



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