mikenk
TUG Member
- Joined
- Feb 17, 2008
- Messages
- 1,040
- Reaction score
- 216
- Points
- 423
- Location
- Anna, TX
- Resorts Owned
- Grand Luxxe Villa
The sales team can offer something newer and better to each group of successive purchasers, but the only way they can restrict the rights of resale buyers is by writing it into the original sales contract. And when they do that, they are reduciing the value of what they are selling. One of the big selling points of a timeshare is the ability to pass it along to your heirs or to sell it when you no longer wish to use it.
I think you are exactly right, the developer can and should offer things better that the customer wants; he should also restrict the rights of resale by writing that into the contract. However, that does not mean that you can not pass it to your heirs or transfer it on a personal basis; it depends on the way the contract is written.
If I was a developer, there is no way I would allow the fickle resale market in this struggling and panicking industry dictate the price and value I bring to my customer. I would ensure my contract protects my investment and the value of my customer.