I have an HGVC membership, and booked a week on one of their resorts for next year. I used my current year's points (rescued them) for this. Now I find I can't go. HGVC tells me that I can't use the points for anything other than HGVC resorts as they've been rescued.
I don't want to waste the points, so the obvious answer seems to be to rent out. However, HGVC told me to be careful on that as I am responsible for the renter damaging the property.
I read the post on renting out time share (taking a 10% deposit, entering an agreement, payment by paypal). Since I live in Asia, and the renter can be from anywhere, how can I enforce any rental agreement? The only precautions I can take would be the payment upfront and the security deposit. First, do renters agree to pay this (they don't know me and that I'll refund the money if there isn't a problem). Secondly, is a 10% deposit in itself a sufficient deterrent to trashing the place (most people I know wouldn't do this, but who wants to take the risk)?
I don't want to waste the points, so the obvious answer seems to be to rent out. However, HGVC told me to be careful on that as I am responsible for the renter damaging the property.
I read the post on renting out time share (taking a 10% deposit, entering an agreement, payment by paypal). Since I live in Asia, and the renter can be from anywhere, how can I enforce any rental agreement? The only precautions I can take would be the payment upfront and the security deposit. First, do renters agree to pay this (they don't know me and that I'll refund the money if there isn't a problem). Secondly, is a 10% deposit in itself a sufficient deterrent to trashing the place (most people I know wouldn't do this, but who wants to take the risk)?