New purchase, should i cancel?

[jehb2]

I’ve had numerous meetings, phone calls, email exchanges with them about nearly every aspect of the program. When I was giving my info earlier- it wasn’t because I’m a masquerading salesman- it’s cause that’s what I was told.

it’s sad that you feel attacked. Tuggers are just trying to help people and keep them from getting ripped off. Can you say the same for Timeshare sales people. No! The combined wisdom you get here is way more CORRECT and HONEST than anything that comes out of a salesperson’s mouth. Do I think I know more than your HGVC salesman? Absolutely! Do I know everything about HGVC and Time sharing? No, and that’s why I read TUG regularly.

I have been an HGVC owner since 1999.

 

[Smclaugh99]

it’s sad that you feel attacked. Tuggers are just trying to help people and keep them from getting ripped off. Can you say the same for Timeshare sales people. No! The combined wisdom you get here is way more CORRECT and HONEST than anything that comes out of a salesperson’s mouth. Do I think I know more than your HGVC salesman? Absolutely! Do I know everything about HGVC and Time sharing? No, and that’s why I read TUG regularly.

YMMV, of course. I have been a HGVC owner since 2010 and have attended numerous owners update/sales meetings across the portfolio of properties. Outside of NYC, there have been very few salespeople who “knew” more about the system than me. Not saying I know the most, just more than them. Lol. Those are the easy updates - in and out with no smoke & mirrors.

Sean

 

[Mongoose]

I’m exclusively all resale and have been offered to trade my 3 resale contracts for more expensive retail contracts by HGV. HGV will do any deal that brings them more money.

I have access to open season rates although that option is always subject to HGV and could be changed anytime but would be a little surprised if that happened.

I just found this unpleasant item in the new disclosure agreement:

Ownership Changes. In the event a Member intends to transfer title to their ownership interest at a Hilton Grand Vacations resort, the owner should contact the Club for instructions on how to proceed as the transfer may be subject to a right of first refusal by the developer and may require completion of a resale acknowledgement form and/or an estoppel certificate, for a fee. Once legal title is transferred, the Club will require a copy of the newly recorded deed, if applicable, and payment of the appliable transfer fee in order to process the membership transfer. Persons who acquire their ownership interest from the resale market may receive limited Club benefits, including, but not limited to, restrictions on the ability to convert ClubPoints into Hilton Honors points on an every use year basis and on the use of Open Season rental benefits. Interests acquired on the resale market may not qualify for additional benefits, services or recognition programs or tiers

I wonder if we are grandfathered if we joined the club prior to this change?

 

[dioxide45]

I just found this unpleasant item in the new disclosure agreement:

Ownership Changes. In the event a Member intends to transfer title to their ownership interest at a Hilton Grand Vacations resort, the owner should contact the Club for instructions on how to proceed as the transfer may be subject to a right of first refusal by the developer and may require completion of a resale acknowledgement form and/or an estoppel certificate, for a fee. Once legal title is transferred, the Club will require a copy of the newly recorded deed, if applicable, and payment of the appliable transfer fee in order to process the membership transfer. Persons who acquire their ownership interest from the resale market may receive limited Club benefits, including, but not limited to, restrictions on the ability to convert ClubPoints into Hilton Honors points on an every use year basis and on the use of Open Season rental benefits. Interests acquired on the resale market may not qualify for additional benefits, services or recognition programs or tiers

I wonder if we are grandfathered if we joined the club prior to this change?

They key word here is "may".

 

[Hobokie]

I just found this unpleasant item in the new disclosure agreement:

Ownership Changes. In the event a Member intends to transfer title to their ownership interest at a Hilton Grand Vacations resort, the owner should contact the Club for instructions on how to proceed as the transfer may be subject to a right of first refusal by the developer and may require completion of a resale acknowledgement form and/or an estoppel certificate, for a fee. Once legal title is transferred, the Club will require a copy of the newly recorded deed, if applicable, and payment of the appliable transfer fee in order to process the membership transfer. Persons who acquire their ownership interest from the resale market may receive limited Club benefits, including, but not limited to, restrictions on the ability to convert ClubPoints into Hilton Honors points on an every use year basis and on the use of Open Season rental benefits. Interests acquired on the resale market may not qualify for additional benefits, services or recognition programs or tiers

I wonder if we are grandfathered if we joined the club prior to this change?

Oh wow! Hmmm… I wonder if perhaps a new HGV owner (post merger) can comment on this? I purchased my HGV resale in 2019 and have open season etc as we all expect…

 

[HuskerATL]

I just found this unpleasant item in the new disclosure agreement:

Ownership Changes. In the event a Member intends to transfer title to their ownership interest at a Hilton Grand Vacations resort, the owner should contact the Club for instructions on how to proceed as the transfer may be subject to a right of first refusal by the developer and may require completion of a resale acknowledgement form and/or an estoppel certificate, for a fee. Once legal title is transferred, the Club will require a copy of the newly recorded deed, if applicable, and payment of the appliable transfer fee in order to process the membership transfer. Persons who acquire their ownership interest from the resale market may receive limited Club benefits, including, but not limited to, restrictions on the ability to convert ClubPoints into Hilton Honors points on an every use year basis and on the use of Open Season rental benefits. Interests acquired on the resale market may not qualify for additional benefits, services or recognition programs or tiers

I wonder if we are grandfathered if we joined the club prior to this change?

This has been in previous reference guides and just gives them flexibility and CYA. Like Dioxide45 said, the key word is "may".

 

[Mongoose]

They key word here is "may".

Yes. I noticed that. I just wasn't sure if this was new wording. It sounds like its not, and we are good.

 

[HuskerATL]

Yes. I noticed that. I just wasn't sure if this was new wording. It sounds like its not, and we are good.

we say that and they could change it tomorrow....

 

[GT75]

I just found this unpleasant item in the new disclosure agreement:

It is worse than that, HGV can basically change the whole club rules as I read it.

Program Changes. HGVClub program use options, fees and rules, including but not limited to, the RCI Exchange Program, special exchanges, nightly point values, reservation windows, the Hilton Honors program, Saving, RCI Depositing, borrowing, converting, and ClubPartner Perks that may be offered from time to time, are subject to change, adjustment, suspension or discontinuation without notice. Any such changes may or may not apply to transactions confirmed prior to the effective date of any such change. In the event the point values for accommodations are adjusted, such adjustments shall not disturb the one-to -one purchaser to accommodation ratio, or a HGVClub Member’s ability to reserve their Home Week. Any benefits or services offered in conjunction with specific promotions or pilot programs are subject to the additional terms of such promotion or pilot program.​

Additional HGV Max Terms. HGV Max benefits are subject to availability and may be offered for limited or trial terms. HGV Max benefit tier levels, services, rules and qualification criteria may change, be suspended or terminated at any time at the sole discretion of Hilton Grand Vacations with or without notice. There is no cash value or redemption available for unused benefits.​

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[Mongoose]

It is worse than that, HGV can basically change the whole club rules as I read it.

Program Changes. HGVClub program use options, fees and rules, including but not limited to, the RCI Exchange Program, special exchanges, nightly point values, reservation windows, the Hilton Honors program, Saving, RCI Depositing, borrowing, converting, and ClubPartner Perks that may be offered from time to time, are subject to change, adjustment, suspension or discontinuation without notice. Any such changes may or may not apply to transactions confirmed prior to the effective date of any such change. In the event the point values for accommodations are adjusted, such adjustments shall not disturb the one-to -one purchaser to accommodation ratio, or a HGVClub Member’s ability to reserve their Home Week. Any benefits or services offered in conjunction with specific promotions or pilot programs are subject to the additional terms of such promotion or pilot program.​

Additional HGV Max Terms. HGV Max benefits are subject to availability and may be offered for limited or trial terms. HGV Max benefit tier levels, services, rules and qualification criteria may change, be suspended or terminated at any time at the sole discretion of Hilton Grand Vacations with or without notice. There is no cash value or redemption available for unused benefits.​

​

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Yep. I think they all have similar language.

 

[HuskerATL]

and addition to that, some where in the club rules it says that interpretation of the club rules are up to HGV.