• The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 26 years!

    Join tens of thousands of other owners just like you here to get any and all Timeshare questions answered!
  • TUG has now saved timeshare owners more than $14,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $14 Million dollars
  • Follow the TUG Member Banner as it travels the world on vacation with Timeshare owners! Also sign up to get the banner sent to you so you can submit a photo of your vacation with the banner to share with TUG! Banner Thread
  • Sign up to get the TUG Newsletter for free! Join tens of thousands of other owners who get this every week! Latest resort reviews and the most important topics discussed by owners during the week!
  • Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    Read more Here
  • A few of the most common links here on the forums for newbies and guests!

SILVERLEAF OWNERS

bogey21

TUG Member
Joined
Jun 8, 2005
Messages
7,894
Reaction score
2,784
Points
499
Location
Fort Worth, Texas
It is not unusual for those in control to change the rules and devalue their product to the detriment of Owners. Actually it is common. Selling is your only recourse...

George
 

OldGuy

Guest
Joined
Mar 4, 2019
Messages
1,558
Reaction score
562
Points
123
Resorts Owned
some
This is an example of how things change and how systems and resorts that were at one time the basis of pride by owners become problematic.

When I see a Texas license plate where I'm at, I automatically figure it's a Silverleaf owner, going to their HICV resort.
 

ecwinch

Moderator
Joined
Jun 6, 2005
Messages
3,721
Reaction score
1,100
Points
548
Location
San Antonio
Resorts Owned
Marriott Harbour Point (HP), Kauai Beach Villas, Riverside Suites, WorldMark Pts (WM), Wyndham Pts
Is HICV reimbursing the HOA's for the expense of owners using the Endless Escapes benefit or is a unfunded expense in the HOA's budget?

I looked buy a legacy Silverleaf interval a few years back after HICV acquired Silverleaf, but I could never get an answer to that question. In the end the lack of clarity on how it was funded caused me to walk away.
 

Hophop4

TUG Review Crew: Rookie
TUG Member
Joined
Jun 6, 2005
Messages
1,344
Reaction score
23
Points
249
Location
Sugar Land, Texas TugMember since 9/2003
Resorts Owned
HICV/Silverleaf Owners-Holiday Hills, Branson; Seaside, Galveston;
Landmark Holiday Beach Resort, PCB, FL
Bonus Times is suppose to be offered to owners from a pool of availability units that their owners did not use, did not reserve on time or for whatever reason they did not use. Those weeks had been paid for by the owners with their maintenance fees. Just like all timeshare owners use their owned weeks. Therefore there should not be additional expenses on bonus weeks. Also HICV has stripped us of a lot of our other benefits that came with our contracts.
 
Last edited:

ecwinch

Moderator
Joined
Jun 6, 2005
Messages
3,721
Reaction score
1,100
Points
548
Location
San Antonio
Resorts Owned
Marriott Harbour Point (HP), Kauai Beach Villas, Riverside Suites, WorldMark Pts (WM), Wyndham Pts
Bonus Times is suppose to be offered to owners from a pool of availability units that their owners did not use, did not reserve on time or for whatever reason they did not use. Those weeks had been paid for by the owners with their maintenance fees. Just like all timeshare owners use their owned weeks. Therefore there should not be additional expenses on bonus weeks.
That is the part that never made sense to me - because no owner was "losing" the right to use their interval with the unused units - aka there was no balancing between the pool you describe and weeks available. Other owners still retained the interval they had paid for.
 

Hophop4

TUG Review Crew: Rookie
TUG Member
Joined
Jun 6, 2005
Messages
1,344
Reaction score
23
Points
249
Location
Sugar Land, Texas TugMember since 9/2003
Resorts Owned
HICV/Silverleaf Owners-Holiday Hills, Branson; Seaside, Galveston;
Landmark Holiday Beach Resort, PCB, FL
That is the part that never made sense to me - because no owner was "losing" the right to use their interval with the unused units - aka there was no balancing between the pool you describe and weeks available. Other owners still retained the interval they had paid for.
That is if they are going to use it. You have to give a 30 day notice to reserve it or deposit it, if you don't it goes into the bonus pool. So weeks are paid for if used or not used. And SL offered the non used weeks to other owners instead of leaving them empty. We pay dearly for our maintenance fees.
 

Happytravels

Tug Review Crew: Rookie
TUG Member
Joined
Jun 7, 2005
Messages
643
Reaction score
10
Points
228
Location
Texas
Resorts Owned
HICV Piney Shores 37/Lake O the Woods 25
In order to allow Silverleaf Club to determine which accommodations will be available for the BonusTime Program, Members must notify Silverleaf Club either in writing addressed to Silverleaf Club, 9395
S. John Young Parkway, Orlando, FL 32819, or by phone at (800) 613-0310, whether or not a Member
will be occupying his or her Timeshare Period. Such notification must be received by the Silverleaf Clubat least thirty (30) days before the check-in day for the Member’s Timeshare Period and if suchtimely notification is not received by Silverleaf Club, then the Member’s Timeshare Period will be automatically placed into the Bonus Time Program and will not be available for the Member’s use.Any Timeshare Periods placed into the Bonus Time Program which are not used for Reservations inthe Bonus Time Program shall remain unused for that year.
 
Last edited:

ecwinch

Moderator
Joined
Jun 6, 2005
Messages
3,721
Reaction score
1,100
Points
548
Location
San Antonio
Resorts Owned
Marriott Harbour Point (HP), Kauai Beach Villas, Riverside Suites, WorldMark Pts (WM), Wyndham Pts
In order to allow Silverleaf Club to determine which accommodations will be available for the BonusTime Program, Members must notify Silverleaf Club either in writing addressed to Silverleaf Club, 9395
S. John Young Parkway, Orlando, FL 32819, or by phone at (800) 613-0310, whether or not a Member
will be occupying his or her Timeshare Period. Such notification must be received by the Silverleaf Clubat least thirty (30) days before the check-in day for the Member’s Timeshare Period and if suchtimely notification is not received by Silverleaf Club, then the Member’s Timeshare Period will be automatically placed into the Bonus Time Program and will not be available for the Member’s use.Any Timeshare Periods placed into the Bonus Time Program which are not used for Reservations inthe Bonus Time Program shall remain unused for that year.
Thanks for the info.

So Silverleaf is only fixed weeks, and not a mix of fixed and floating? I understand how it might work if it was fixed, but I cannot see how tha would work if it with floating weeks. Also - were HOA inventory/defaulting intervals placed in the BonusTime pool?
 
Top