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First Right of Refusal question

korndoc

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Is there any financial risk to a buyer should a proposed sale get whacked due to 1st Right of Refusal by the timeshare company, say Westin or Marriott?
Thanks,
Jeff
 
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Welk Resorts
I don't see how there would be.

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jabberwocky

TUG Review Crew
TUG Member
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Resorts Owned
SVR, SDO, WKORV-N, Westin Flex, HGVC (BLVD)
Only financial risk is the opportunity cost of what you've paid as a deposit while awaiting the ROFR decision. If ROFR is exercised you get your deposit back.
 

SteelerGal

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None. You just have to find another deal.
 

Theiggy

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Marriott Aruba Surf Club
Marriott Frenchman’s Cove
None as long as you are working with a trustworthy seller.


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AZLatin5

TUG Review Crew
TUG Member
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Location
Arizona
Resorts Owned
Grand Pacific Palisades
Wyndham Oceanside Pier
Hyatt Pinon Pointe
I just found out if you go with LT Transfers they charge a $50 fee to issue ROFR paperwork. If exercised they keep, if not and it makes it through they reimburse.
 

davidvel

TUG Member
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May 9, 2008
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No. Cty. San Diego
Resorts Owned
Marriott Shadow Ridge (Villages)
Carlsbad Inn
No generic response to this question is accurate. As noted above, it depends on your contract with the seller.
 
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