II Deposited Week as Part of Timeshare Sale (Merged threads)

[asco]

II Deposited Week as Part of Timeshare Sale

I recently purchased a Marriott timeshare in a private sale which included 2008 usage as an II deposited week. The timeshare closing company had the seller sign a "Interval International Transfer Authorization" which included the Deposit No. and the Seller's II Member No. When I called II to see how to link this deposit up to my II account, they first told me the deposit is non-transferrable, then said that best way to accomplish what I want is to ask the seller to be added to her account as an authorized user and to create a Guest Certificate for $39 when ready to exchange. I do not like this idea.

Is this the standard for II? Should I call II back and talk to a different person? The guy I spoke with had to ask someone else.

Any other insight is greatly appreciated.

Thanks!

Asco

 

[rsackett]

If this is a gregular deposit, and the seller is not transfering his whole account to you, II should transfer the week to you as an Accommodation Certificate. This will not be the original week but a substitute week. It may have more or less trading power than the original week.

Ray

 

[Bill4728]

I recently purchased a Marriott timeshare in a private sale which included 2008 usage as an II deposited week. The timeshare closing company had the seller sign a "Interval International Transfer Authorization" which included the Deposit No. and the Seller's II Member No.

This is standard. At this point the membership and the deposited week should be in your name.

When I called II to see how to link this deposit up to my II account, they first told me the deposit is non-transferrable, then said that best way to accomplish what I want is to ask the seller to be added to her account as an authorized user and to create a Guest Certificate for $39 when ready to exchange. I do not like this idea.

Is this the standard for II? Should I call II back and talk to a different person? The guy I spoke with had to ask someone else.

Yes, Call back and ask to speak to someone else.

If the seller is giving you their II acouunt as part of the sale. You should get their deposited week also. ( if not their deposited week, at least a replacement week.)

 

[icydog]

I, too, have heard that II and RCI both will not honor weeks deposited before the sale. When I inquired about the same thing I was told to deposit my 2009 week into my II account and to sell the contract as beginning in 2010.