Diamond Resorts Transition Program

[kc01075]

Diamond Resorts claims to have a transition program to eliminate ownership. Does anyone know the details to qualify? Do they also charge $1,000 to do the legal work?

 

[LannyPC]

Did you check out this sticky thread in the Diamond section:

https://tugbbs.com/forums/threads/s...e-back-your-diamond-resorts-timeshare.224859/

 

[goaliedave]

Diamond Resorts claims to have a transition program to eliminate ownership. Does anyone know the details to qualify? Do they also charge $1,000 to do the legal work?

Yup $1000 fee per contract... up from $250 in 2018 ... many have posted online about success. No resale. US and HI collections only.

EU Collection hasn't this but they instead get to give it back free at age 75.

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[goaliedave]

In case you aren't aware, you can phone to inquire or if comfortable online, just access the "Transitions" link on the left panel once signed into your owners account. It will then display which of your contracts are eligible.

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[chapjim]

I have one DRI week, purchased resale. Here are the conditions, straight from DRI's website;

Conditions to Apply

• You must have no existing loan balance or other lien encumbering the vacation ownership.
• You must be current on the payment of all maintenance fees up to the year for which you are relinquishing.
• You must have a clear and free title to the vacation ownership.
• All future reservations must be cancelled, or traveled on prior to submitting a request.
• Your vacation ownership must be in a Diamond Resorts Collection or managed property. Currently, members who own in Embarc or the EU Collection do not qualify.
• Participation with a timeshare exit or resale company or firm may negatively impact your ability to apply for Transitions.

Where applicable, if you meet the Conditions to Apply for Transitions, Diamond Resorts will consider your application on a case-by-case basis, reviewing it both on its own merits and in the context of all other qualifying Transition applications submitted to date. This program is subject to change or termination without notice and in the sole discretion of Diamond Resorts.

I logged in and got this response:

You currently do not qualify for the Transitions Program. One qualifying criteria and/or eligibility requirement has not been met. If you have any questions, please contact our Transitions™ team by calling 1-855-342-3689 or e-mailing Transitions@diamondresorts.com.

Obviously, DRI can do whatever it wants (case by case; in the context of . . .; sole discretion, etc.), but it is not correct to say I don't meet one requirement.

 

[goaliedave]

@chapjim It's resale so you dont qualify... as stated in your own post

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[chapjim]

@chapjim It's resale so you dont qualify... as stated in your own post

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Come on, Dave. I know what I said.

I meet all the requirements as stated on DRI's website. I see nothing about resale or retail.

If you see where DRI says resales are disqualified, please point it out. I don't see it.

 

[tschwa2]

Come on, Dave. I know what I said.

I meet all the requirements as stated on DRI's website. I see nothing about resale or retail.

If you see where DRI says resales are disqualified, please point it out. I don't see it.

On my page when I log on to the DRI website it has the additional requirement:

Conditions to Apply:

• You must have no existing loan balance or other lien encumbering the vacation ownership.
• You must be current on the payment of all maintenance fees up to the year for which you are relinquishing.
• You must have a clear and free title to the vacation ownership.
• All future reservations must be cancelled or traveled on prior to submitting a request. Does not apply to certain Fixed Week/Fixed Unit deeded week owners who have their reservation automatically booked in advance. Please call the Transitions team on 1.855.342.3689 for more information.
• Your vacation ownership must be in a Diamond Resorts Collection or managed property. Currently, members who own in the EU Collection do not qualify.
• You must have purchased your vacation ownership directly from Diamond Resorts or from a predecessor whose developer rights were acquired by Diamond Resorts. Members and owners who have inherited or been gifted a vacation ownership from family will qualify if their family members would have qualified.
• Participation with a timeshare exit or resale company or firm may negatively impact your ability to apply for Transitions.
• The enrollment and completion in the Transitions program will negate your ability to be added to the Embarc Repurchase program list. In addition, if you are already on the repurchase list, your position will be forfeited upon completion of Transitions.

Where applicable, if you meet the Conditions to Apply for Transitions, Diamond Resorts will consider your application on a case-by-case basis, reviewing it both on its own merits and in the context of all other qualifying Transition applications submitted to date. This program is subject to change or termination without notice and in the sole discretion of Diamond Resorts.

 

[chapjim]

Yours is different from what I copied in several ways. That one bullet is an addition but some of the others are written differently.

Weird,

 

[goaliedave]

Come on, Dave. I know what I said.

I meet all the requirements as stated on DRI's website. I see nothing about resale or retail.

If you see where DRI says resales are disqualified, please point it out. I don't see it.

Well you wrote that resale doesn't apply, last point under conditions As i posted earlier, your resale won't qualify

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[chapjim]

Well you wrote that resale doesn't apply, last point under conditions As i posted earlier, your resale won't qualify

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I didn't write that resale doesn't apply. I wrote that DRI's website didn't say anything about resale and from what I saw and copied here, that was 100% correct. I understand that retail is a necessary condition for DRI's Transitions program. If DRI's website had indicated that when I looked, there would have been no issue.

 

[goaliedave]

I didn't write that resale doesn't apply. I wrote that DRI's website didn't say anything about resale and from what I saw and copied here, that was 100% correct. I understand that retail is a necessary condition for DRI's Transitions program. If DRI's website had indicated that when I looked, there would have been no issue.

Try again... different reading glasses maybe? You wrote it clear as day. Your 6th starred point

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[chapjim]

No, Dave, YOU try again. The sixth point you're seeing is not in my post. It's in tschwa2's post. Too many slap shots to the mask, maybe?

Here is the sixth bullet in my post: Participation with a timeshare exit or resale company or firm may negatively impact your ability to apply for Transitions.

 

[goaliedave]

No, Dave, YOU try again. The sixth point you're seeing is not in my post. It's in tschwa2's post. Too many slap shots to the mask, maybe?

Here is the sixth bullet in my post: Participation with a timeshare exit or resale company or firm may negatively impact your ability to apply for Transitions.

Good you found the resale part resales don't qualify, as you wrote. That's what negatively impact means

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[chapjim]

Dave -- Please take a course in remedial reading. Then go back and read my first post and tell me where it says that resales don't qualify.

"Negatively impact" refers to timeshare exit or resale companies, not resale/retail.

You're hopeless. I'm done.

 

[TUGBrian]

costs nothing to email and ask..resale or not.

these policies have changed quite frequently in the short 3 year existence of this program.

 

[jeffox]

I am glad I gave back my resale week early when it was only $250, though $1000 is still less then what MFs were.

 

[goaliedave]

costs nothing to email and ask..resale or not.

these policies have changed quite frequently in the short 3 year existence of this program.

Exactly. People often are intimidated or can't understand what they read. Just call and ask ... especially Diamond, many success stories posted.

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[goaliedave]

I am glad I gave back my resale week early when it was only $250, though $1000 is still less then what MFs were.

To save money some are giving $hundreds cash plus paying transfer costs to buyers.

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