... If you have deposited a UDI deed from resort XYZ in the Fairshare Trust, and I own a piece of the Club Access Trust within which a UDI deed from the same resort is deposited; Dont we both have the same right to ARP at that resort?
UDI deeds are just that...an undivided interest...It seems to me that preventing me from using your property or you from using mine (subject to availability) would create a division among what are un-divided interests
Your logic is excellent and under this theory, given that Club Wyndham Access has a duty to operate in the interest of their group of members, what stops them from going in and making ARP reservations at the opening bell for the best weeks/days based on their projections of what their members want up to their projections or the maxium amount of ARP reservations they can take at the desirable resorts/times. They they would be free to cancel them prior to the last 15 days or at any time they think they are no longer needed. Specifically, at the 60 day out time when they can then mass book the cancelled reservations at the heavily disount rate from Club Wyndham Plus. Guest passes for the Legal Enity Club Wyndham Access to their members would probably not be needed because their members are also their owners.
P.S. found the following on the internet:
Giving Land The Wyndham Land Trust strives to conserve valuable open space in Windham County. The land trust is interested in receiving any land donation, although our emphasis is on conserving land that contains habitat for threatened plant and animal species; for example, grassland meadows, wetlands, swamps, and riperean habitat. A variety of tools are available that allow you to donate land to the land trust and receive financial benefits. Flexibility is the key. If you are interested in making a land donation, we suggest that you contact the land trust to explore your options. We recommend that you retain an attorney who will represent your interests during discussions with the land trust.
Options for donating land include:
Fee Simple If you own all of the present and future rights to a property, that property is owned in fee simple. No one else has rights to the property. If you bequeath or donate fee simple title to the land trust, tax liability is determined from the full fair market value.
Fee Simple with Qualifications You can transfer less than the fee simple title to your land by placing a conservation easements (or restriction) on the property when you donate it to the land trust. A conservation easement protects the land as you wish and produces significant federal income tax and possibly federal estate tax benefits.
Bargain Sale In many cases, the land trust cannot afford to buy land for conservation. A bargain sale, in which you sell your land at less than its fair market value, may make your land affordable and provide the protection you are seeking. A bargain sale combines the income-producing benefit of a sale with the tax-reducing benefit of a donation. It can also avoid the expenses of a sale on the open market. The difference between the land’s appraised fair market value and its sale price is considered a charitable donation to the land trust and can be claimed by the landowner as an income tax deduction.
Life Estate A life estate allows you to retain an interest in your property that lasts for your lifetime. For example, a life estate can be used if you want to retain the right to live on and use your property for the rest of your life. Certain duties remain with the holder of the life estate, such as maintaining the property, paying taxes and paying mortgage interest. The Wyndham Land Trust becomes the owner of your property upon your death (or that of any specified beneficiaries), and your estate receives a charitable deduction equal to the value of the property.
Conservation Easements ...