Can Marriott restrict deeded weeks rentals

[myhome411]

Has anyone heard of Marriott restricting how many weeks one can own or how many weeks one can rent, before it is labelEd a commercial enterprise? Can’t folks do what they want with their deeded weeks?

 

[billymach4]

Strictly speaking your deeded weeks are able to be rented.

I am sure there is fine print in a Terms and Agreement that spells out all rules.

Looks like you have been here since 2018. You are posting now in 2022 for the first time.
Please provide some more background context to your question. Then perhaps the community here can understand your specific needs?

 

[myhome411]

Hi, I am looking to buy some Mvci weeks specifically to rent out and do not want any problems with Marriott.

 

[billymach4]

Hi, I am looking to buy some Mvci weeks specifically to rent out and do not want any problems with Marriott.

We here including myself own weeks at MVCI resorts. I rent my weeks annually without a problem from MVCI.
I am in the process of acquiring another week that I plan to rent if I can't occupy or trade.

Feel free to purchase on the resale market for the sole purpose of renting your weeks without a problem from MVCI.

It's a great way to offset the total cost of vacation ownership. There are some folks that probably earn a decent profit.
I am not a profit seeker from my rentals. I am a cost offset seeker to fund my other vacations.

I must admit I don't create a P&L report. I just do back of napkin math to calculate my cost, revenue, profit. Take it from just me and only me
speaking here. There is not much profit I gain. Beer money.

However the Big Kahuna MVCI Hawaii weeks owners and other prime beach locations stand to earn larger margins.
Those owners deserve to reap their hard earned rewards!

 

[davidvel]

Hi, I am looking to buy some Mvci weeks specifically to rent out and do not want any problems with Marriott.

If your purpose in owning is not personal use, and primarily to rent out at a profit, this appears to be a commercial activity, and would violate the Timeshare Declaration. As others note, there is no known "crack down" on weeks owners who rent, but there is a new policy relating to transfer of DC points, which could be a harbinger of things to come for weeks renters.

(TS Declaration for Shadow Ridge, typical of other MVC resorts, but all have their own governing documents. )

 

[tschwa2]

I have heard if restrictions being imposed in Aruba but I believe it was for those renting out 10_20 + units per year.

 

[billymach4]

If your purpose in owning is not personal use, and primarily to rent out at a profit, this appears to be a commercial activity, and would violate the Timeshare Declaration. As others note, there is no known "crack down" on weeks owners who rent, but there is a new policy relating to transfer of DC points, which could be a harbinger of things to come for weeks renters.

View attachment 69695

(TS Declaration for Shadow Ridge, typical of other MVC resorts, but all have their own governing documents. )

If your purpose in owning is not personal use, and primarily to rent out at a profit, this appears to be a commercial activity, and would violate the Timeshare Declaration. As others note, there is no known "crack down" on weeks owners who rent, but there is a new policy relating to transfer of DC points, which could be a harbinger of things to come for weeks renters.

View attachment 69695

(TS Declaration for Shadow Ridge, typical of other MVC resorts, but all haveir own governing documents. )

@davidvel Thank you for the fine print! Much appreciated.

I am aware of the DC points restriction looming on the horizon.
Nobody can predict the future of individual weeks owner rental enforcement rules that MVCI may impose.

 

[Carolinian]

Developers have been known to impose rules beyond their legal authority to do so. If it doubt about the legality of a change in the rules, talk to the state Real Estate Commission in the state where the timeshare is located. They regulate timeshare developers, HOAs and exchange companies. Sometimes they have folks in those agencies who will fight hard for the rights of timeshare members. For many years, Blackwell Brogden of the North Carolina Real Estate Commission was like that. He cracked down hard on a developer or two on the Outer Banks, forcing them to cede resort management to member-elected HOAs. He also forced RCI to modify the original rules of RCI Points in favor of members, telling RCI that if they did not make the changes he wanted, NC was going to declare RCI Points to be a timeshare developer instead of a timeshare exchange company, and he got some other states to go along with hm. RCI cried uncle and made all the changes Brogden demanded. It was sad to see him retire.

 

[dioxide45]

I have heard if restrictions being imposed in Aruba but I believe it was for those renting out 10_20 + units per year.

This is the only case I have heard about regarding weeks rentals. I think it was the board that sent letters to some select owners regarding the commercial activity. Aruba is an RTU and I am sure has some different clauses that cover owner rentals, but I have never seen their documents or disclosures.

 

[dioxide45]

Hi, I am looking to buy some Mvci weeks specifically to rent out and do not want any problems with Marriott.

If you don't already own timeshare or Marriott, this may not be a good idea. There are a lot of nuances and also risk involved in such an endeavor. Most people who get into renting start out just owning for their own use. Then they buy a week or two more and start renting them. Then they may catch the bug and buy more and more and perhaps even more!