Interval Help please for my TS sale.

[chriskre Super Moderator Find all posts View Profile Close chriskre]

I've got someone who wants my Ft. Laud Beach Resort TS and I am wondering since I already deposited it into II and got an AC for it which of course I'd like to use, what happens if I sell it before the expiration date of these exchanges. I was thinking to do the AC and also 2 short term exchanges but don't want to lose it just because I sold it.

Is II going to cancel my account because I no longer own any II affiliated resorts? I'd hate for that to happen as I use their getaways alot. Do I need to buy another II affiliated resort first before I deed this one?

Anyone know how this works? Can I retain the weeks since I already paid the MF's and deposited the week?

Thanks.

[GrayFal Silver Contributor and supermoderator Find all posts View Profile Close GrayFal]

I've got someone who wants my Ft. Laud Beach Resort TS and I am wondering since I already deposited it into II and got an AC for it which of course I'd like to use, what happens if I sell it before the expiration date of these exchanges. I was thinking to do the AC and also 2 short term exchanges but don't want to lose it just because I sold it.

Is II going to cancel my account because I no longer own any II affiliated resorts? I'd hate for that to happen as I use their getaways alot. Do I need to buy another II affiliated resort first before I deed this one?

Anyone know how this works? Can I retain the weeks since I already paid the MF's and deposited the week?

Thanks.

Put in your sales contract what year the usage starts for the new owner - if it is 2011, they have no claim on your 2010 week that u have deposited.

II does not know u sold this TS so you can keep the account if you want.

The sale has nothing to do with your deposited week and AC you received. You can use the week and the AC as you choose.

Congrats on your 'giveaway'!
Pat

[chriskre Super Moderator Find all posts View Profile Close chriskre]

Thanks Pat but what about if I help him set up the II account?
I promised him I'd teach him how to use it. I'm thinking maybe I'll just show him how to do RCI so I don't have any problems. Maybe VRIety too.

Doesn't II see that my unit is registered to me already if he tries to register the same unit?

I don't want to mess up my account and have to buy another II TS.
This is the only one I've got that gets me II.

[Glitter Brunello Super Moderator Find all posts View Profile Close Glitter Brunello]

II will not change anything in your account. I don't recommend you give the new buyer access. If you want to give him/her use of your banked week(s), take a request and put it in, collect the fees. Cleanest way is what Pat recommended, start usage with the next year that isn't banked.

[chriskre Super Moderator Find all posts View Profile Close chriskre]

II will not change anything in your account. I don't recommend you give the new buyer access. If you want to give him/her use of your banked week(s), take a request and put it in, collect the fees. Cleanest way is what Pat recommended, start usage with the next year that isn't banked.

Thanks, I wasn't going to give him access to my account but help him set up his own II account but I won't mention it right now since he is clueless about TS's and will probably be overwhelmed with just RCI.

I wasn't going to give him my banked week. His usage will start in 2011 like Pat recommended.

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

Although this is about II, if an RCI owner sells all their RCI-affiliated intervals, their RCI membership does not end. They may continue to renew and use for non-deposit required benefits.

The surviving XSO of my deceased neighbor had all account info changed into her name and used Spacebank deposits even though she had been removed as an owner of their intervals (although RCI likely did not know that.) After using those for exchanges she could have continued her RCI subscription.

[GrayFal Silver Contributor and supermoderator Find all posts View Profile Close GrayFal]

Thanks, I wasn't going to give him access to my account but help him set up his own II account but I won't mention it right now since he is clueless about TS's and will probably be overwhelmed with just RCI.

I wasn't going to give him my banked week. His usage will start in 2011 like Pat recommended.

Just show/tell him how to do the II account and deposit the 2011 week.....or maybe he is going to use 2011?

II is not THAT good at book keeping that they will realize the week in your account is the same one.
They will just verify with the resort that he owns what he says he does and give him the membership based on that.

[chriskre Super Moderator Find all posts View Profile Close chriskre]

Although this is about II, if an RCI owner sells all their RCI-affiliated intervals, their RCI membership does not end. They may continue to renew and use for non-deposit required benefits.

The surviving XSO of my deceased neighbor had all account info changed into her name and used Spacebank deposits even though she had been removed as an owner of their intervals (although RCI likely did not know that.) After using those for exchanges she could have continued her RCI subscription.

This is interesting. So then who needs a TS?
You can just do rentals.

That's what they want anyways, right?

[chriskre Super Moderator Find all posts View Profile Close chriskre]

Just show/tell him how to do the II account and deposit the 2011 week.....or maybe he is going to use 2011?

II is not THAT good at book keeping that they will realize the week in your account is the same one.
They will just verify with the resort that he owns what he says he does and give him the membership based on that.

Yes I think he is going to use the unit in 2011. He is excited about it. He visited me once when I was staying there and really liked the resort so it was an easy sell (giveaway).

It's good to know about II's bookkeeping because honestly I haven't really been the greatest at trading with II. I always seem to do better with RCI but yet I do love their getaways.

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

This is interesting. So then who needs a TS?
You can just do rentals.

That's what they want anyways, right?

Any RCI member can refer anyone for a non-deposit/non-exchange membership to use Last Calls and Extra Vacations. A member can also allow those non-owner members to access exchanges using that member's deposits.

It is a long term guest certificate and we have talked about it before.

http://www.timeshareforums.com/forum...rtificate.html

[chriskre Super Moderator Find all posts View Profile Close chriskre]

Any RCI member can refer anyone for a non-deposit/non-exchange membership to use Last Calls and Extra Vacations. A member can also allow those non-owner members to access exchanges using that member's deposits.

It is a long term guest certificate and we have talked about it before.

http://www.timeshareforums.com/forum...rtificate.html

This is good to know. I could give my brother a 5 year membership for Christmas. He is always so hard to shop for anyway.
Thanks.