sorry, I can't help, but I had this question about the situation of someone I know, but I never asked them directly.
Doesn't RTU mean that you don't pay yrly MF if you don't book a week? Is that the case in some RTUs, but not in others?
Some RTU contracts, especially for Floating Weeks, require you to pay your MF upon reserving your week. Some contracts are annual use or bi-annual use. Some also have a backend pull forward clause..... meaning for instance that if you have a 50 week bi-annual contract, you can pull an extra week off of the backend of the contact to spend 2 weeks at your resort in your designated year (even or odd) , instead of just one week, and pay the MF based on what you are using. There are also extra rules about booking that 2nd week..... and different rules if you want to book in an off year. I hope this is not too confusing for you to understand. I call it a form of 3 card Monty. I have friends with these contacts at Solmar.
My contracts originated in the late 90's, early 2000's. Those contracts were all FIXED WEEKS, FIXED UNITS. These contracts require you to pay yearly MF on your units, regardless of whether you plan to use them or deposit them into the resort internal bank (for an additional fee and use up to 2 years out), or to deposit into RCI Weeks account for use under RCI rules.
The advantage of Fixed Weeks, Fixed Units is that you know exactly when you are to be at your timeshare and you know the exact location of your unit. You won't get the non-view, worst unit, in the house. Sales were lagging as the best choice of fixed units were sold, so the resort added in a hybrid contract (they called it an upgrade) to floating status units. This also allowed the resort to know exactly how much unsold inventory there would be on any given week, so those units could be traded into in RCI or rented on the internet as hotel units .... the purpose was, and is, to get more bodies through the sales system to sell more time and bring in new revenue, much of what is used to build additional units or new resorts.
Some of the newer contracts can be Fixed Weeks, but not necessarily Fixed Units. Another level of 3 card Monty. The sharks in the shark tank have very sharp teeth.... so buyer beware always!
Every year the rules seem to change, but you are ruled by your contract. I could keep conversing about this.... there are so many caveats to know. RCI and II don't seem to have the inventory they once had, as hotelling has risen up as vacationers don't necessarily want to spend an entire week in one place.
Hope this helps.
I still need to know how to cancel my Playa Grande contracts, even though they expire in 2030. Who and Where do I make the correct contact?
