• 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!

What does this Addendum mean? HGVC

hgvcowner88

TUG Member
Joined
Jul 12, 2019
Messages
17
Reaction score
6
Points
53
Location
Bay Area, CA
Resorts Owned
HGVC Elara
Hi all,

Quick question. I am entering into a resale contract for HGVC Tuscany Village EOY Odd and I received a copy of the deed with this addendum. The estoppel shows 7000 points EOY and looks how it's supposed to look. However, I wanted to check on this addendum and if this is what it's supposed to say. I don't want a week in a 2 bedroom suite every other year at HGVC Tuscany Village. I just want the points. But the way this is worded since it says "shall be required to make a reservation for a Suite", does that mean it has to be at Tuscany Village and in a suite? I don't know much about developer's contracts but that looks like what this would be. To me anyway.

So will this be points or will this be a week I have to take at Tuscany Village EOY?
 

Attachments

PigsDad

TUG Member
Joined
Nov 1, 2006
Messages
7,095
Reaction score
3,040
Points
498
Location
Northern Colorado
Resorts Owned
HGVC Elite: SeaWorld, Surf Club, Charter Club, Valdoro
With HGVC, you do not buy points, you buy a week. Then, as an owner, you automatically become a member of HGVC and with that membership every week is worth X number of points. I think this is just the legal description of what you are buying (a week).

Personally, I wouldn't worry about it.

Kurt
 
Top