Barb, if this is fully paid off - the person giving it to you doesn't owe anything on it - this is a GREAT ownership!
You will have to pay a transfer fee of $500 and u should also find out how many years are left on the ownership.....follow the link over to TS4Ms where there is a dedicated board to RHC - and Spence is an expert in the system.
Unfortunately, people that purchased directly from the developer are not a happy group, as there is a learning curve for this ownership..... and the developer pricing is outrageous.....but with your type of ownership, you get a week every year (or can be split into a 3 day/4 day stay) in NYC, London, Paris, Ireland, Aruba or Peoria

- lots of great possibilities!
There are 3 types of 'week' ownerships that equate to a studio, 1BR,2BR - I just don't recall which is which

The MFs are according to unit size.