Rental Escrow
Instructions
Although we do not participate directly in the rental
of timeshare interests between registered users, we
have collected some information that you may want to
consider when arranging to rent timeshare from or to
other private parties.
Privately Managed Rental Transaction
The following steps have been developed to help serve
as an aid in rental negotiations between TimeshareGateway.com
users, and are not comprehensive, fail-proof guidelines.
The party you deal with may wish to follow another method
of completing a private transaction, which may work
just as well.
- The two members come to an agreement on the rental
terms.
- The owner should sign and provide the renter with
a rental agreement. Feel free to use our Timeshare
Use Agreement as a basis for your agreement.
- The renter should return the rental agreement to
the owner, along with a deposit (~50%) to reserve
the unit.
- The owner should notify their resort of the transfer,
provide all relevant contact information for the renter,
and request that a confirmation and check-in instructions
be sent directly to the renter.
- Upon receiving confirmation from the resort, the
renter should send the remainder of the rental money
to the owner.
- The renter should call the resort 15 to 30 days
prior to their vacation date to double-check their
reservations, and clarify check-in date and instructions.
Always make sure you know whom you are dealing with
and take steps to ensure a safe, secure transaction.
As a renter, if you receive excuses or resistance as
to why an owner or broker cannot comply with the agreed
process, or feel uncomfortable dealing with the person,
do not send payment and report your concerns to us immediately.
Please let
us know if this rental process worked for you, or
if you have found alternative methods of transacting
that we should consider. |
