Surrendering Vistana

[TUGBrian]

I personally have a genuine distaste for a company that charges a fee to surrender a unit while said company is still in active sales.

much like sales tax on a used car every time its sold over and over again, some things just dont add up.

 

[dioxide45]

Why all the pushback on a fee? Marriott is a business. They have costs associated with processing a deed back. In the end they're doing the owner a favor by releasing them from future maintenance fee payments. Yes, they are receiving back the ownership which they can stick in a trust or resell but in many cases they're facing the same economics as the owner with things renting for less than high maintenance fees, etc.

I think so many of us here are conditioned to immediately criticize Marriott for anything that they charge. There are options to avoid the fee but require more work on the part of the owner. If the owner decides they want to avoid that work/hassle and just have it handled to where they won't owe any more money, then paying a fee to do that is reasonable IMHO.

It just seems that Marriott wants to squeeze an extra nickel out of an owner only to reduce their inventory costs when they resell the week as points.

 

[dmurray007]

I personally have a genuine distaste for a company that charges a fee to surrender a unit while said company is still in active sales.

much like sales tax on a used car every time its sold over and over again, some things just dont add up.

Don't ever reside in Canada because every time you sell a used car, the Federal and Provincial Governments will collect GST (Goods and Services Tax, aka Grab and Steal or Gouge and Swindle Tax).

 

[kozykritter]

It just seems that Marriott wants to squeeze an extra nickel out of an owner only to reduce their inventory costs when they resell the week as points.

Fee for service isn't a concept unique to Marriott, though. It's the basis for all for-profit companies and even some nonprofit organizations. But I hear you on the PTSD of it all!

 

[jabberwocky]

Don't ever reside in Canada because every time you sell a used car, the Federal and Provincial Governments will collect GST (Goods and Services Tax, aka Grab and Steal or Gouge and Swindle Tax).

not all used car sales are subject to GST. If you buy privately (non-GST registrant or dealer) then no GST is charged.

 

[Rottentot]

Started process to give this back to Marriott. They were very prompt on accepting it back for free, surprise! 400.00 fee, 120 days to complete, will update as it goes along.

I started my process last November...mine was free.

 

[Iwant2gonow]

Thanks to Tugs I am well on my way to Marriott accepting my Deedback. I just sent in my $400 payment. Thank you for all of the great information!

 

[heitmullerj02]

Signed Docs today, will see how long it takes to get the deed release. Looks like 2 months to get it all done.

 

[myip]

Marriott offered to take back Sheraton Broadway resort in Myrtle beach no fees. Stated closure would take 120 days.

Who did you contact to take back the deed?

 

[dioxide45]

Who did you contact to take back the deed?

The Marriott Vacation Clubs | Responsible Exit

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responsibleexit.com

 

[heitmullerj02]

Vistana just cancelled my 2026 reservation, looks like it's done, started late April.