Timeshare Users Group Online Discussion Forums
TUG Links external to TUG BBS:    TUG Home | Resorts & Reviews| Marketplace | TUG Help | Advice | Join TUG  

Timeshare Users Group Bulletin Board
Go Back   Timeshare Users Group Online Discussion Forums > Timesharing > New to Timesharing? Look Here!
Log into the TUG BBS:

New to Timesharing? Look Here! This is the forum where anyone can go for help with Timeshares and Timesharing. Absolutely nothing is a "stupid question" when it comes to Timeshares ask away!

Add a 'Timeshare Vacation History' link to your posts! Learn How

Free TUG Newsletter! Sign up today!

TUG Member Banner Travels the World w/photos! Follow the Banner!

[No ad shown when registered users are logged in]

Forum Jump

Reply « Previous Thread | Next Thread »
Thread Tools Search this Thread Display Modes
Old July 21, 2009, 10:32 AM   #1
BBS Reg. Date: Jul 19, 09
Posts: 3
Deeded Timeshare Vs. Perpetual RTU

Hi everyone. I'm considering buying a timeshare off ebay. It would be in Aruba, and I had thought that since there was no expiration, that it was a deeded TS. However, when I called and asked the seller some questions he stated that it's not deeded ("some countries don't allow that" was his reason, however I think that Aruba does), but that it's a perpetual membership that lasts forever and can still be willed to family. Instead of a deed, though, I would just get a membership certificate from the resort if I called and asked for one.

I'm not sure what the difference is, or if one is better than the other. I've tried looking on the internet, but I haven't found a clear answer. Can someone please inform me of the differences between the two? TIA.
nielenoelani is offline   Reply With Quote
Old July 21, 2009, 11:12 AM   #2
TUG Review Crew: Veteran
Larry's Avatar
TUG Member
BBS Reg. Date: Jun 6, 05
Location: Long Island NY
Posts: 1,318

Most timeshares in Aruba are sold in perpetuity and are not deeded and can be willed to children. I own nine weeks in Aruba and all were sold in that manner.

What you own is share certificates in a coop which holds title to the buildings but the land under the buildings is owned by the government of Aruba and is under a 30-60 year leasehold. If Aruba does not renew the lease they must pay the coop the fair market value of the property which is divided by the shareholders. The only deeded property in Aruba as far as I am aware of is Caribbean Palm village because of it's location of about two miles from the beach. Since all beach front property belongs to Aruba timeshares on the beach have to be sold with leaseholds on the land.

The only properties that are RTU are all of the Divi Resorts which expire at the end of the term and are not owned in perpetuity.

I have no problem with this type of ownership over deeded property.

Marriott Aruba Ocean Club
Windjammer Landing
Playa Linda
La Cabana
RCI Points
Jockey Club
Sheraton Vistana
ran out of room

Last edited by Larry; July 21, 2009 at 11:25 AM.
Larry is offline   Reply With Quote
Old July 22, 2009, 08:45 PM   #3
BBS Reg. Date: Jul 19, 09
Posts: 3
Red face

Thanks for the response Larry.
nielenoelani is offline   Reply With Quote
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

All times are GMT -4. The time now is 06:09 PM.

[No ad shown when registered users are logged in]

Powered by: vBulletin Version 3.8.7
BBS Software Copyright ©2000 - 2016, Jelsoft Enterprises Ltd.
Editorial Content Copyright ©1993 - 2016, Timeshare Users Group
Customized for TUG by Makai Guy.