Can I rent an RCI exchange???
The way the RCI disclosures are written seem to tie the answer to "commercial purposes" There is no flat out prohibition in the disclosure...heres what it says:
C. The Program may not be used by a Member
or guest for commercial purposes, including without
limitation, auction, rental, raffle or sale of a
Confirmed Exchange, Deposited Vacation Time,
Inventory or Guest Certificate, for example. Such use
is grounds for immediate termination of Member’s
membership and cancellation of any Deposits,
reservations, exchanges, or other benefits of the
Program without limitation without prior suspension of or
notice to the Member.
and in another part of the document it says
D. Guest Certificates and Guest Passes may not
be used for any commercial purpose by Member or
guest, including without limitation auction, rental,
W14
raffle or sale or the Guest Pass or Guest Certificate
or the underlying Confirmed Exchange.
So the question becomes what does "commercial purpose" mean
heres one definition
A commercial use is one which is undertaken for a business purpose, rather than hobby, recreational, educational, or other purposes. Such uses are usually attributed to a for-profit entity, rather than an individual, university or other educational institutions, or non-profit organizations (such as public libraries, charities, and other organizations created for the promotion of social welfare).
and another
"used for commercial purposes" means the carriage of persons or property for any fare, fee, rate, charge or other consideration, or directly or indirectly in connection with any business, or other undertaking intended for profit.
and another
com·mer·cial [kuh-mur-shuhl] Show IPA
adjective
1.
of, pertaining to, or characteristic of commerce.
2.
engaged in commerce.
3.
prepared, done, or acting with sole or chief emphasis on salability, profit, or success: a commercial product; His attitude toward the theater is very commercial.
4.
able to yield or make a profit: We decided that the small oil well was not commercial.
5.
suitable or fit for a wide, popular market:
and yet another
"A commercial use is one which is undertaken for a business purpose, rather than hobby, recreational, educational, or other purposes. Such uses are usually attributed to a for-profit entity, rather than an individual,
here's another reference
In commercial law, commerce means the exchange or buying and selling of goods on a wide scale, involving moving goods from place to place.
Im no lawyer, but it seems to me profit motive must be involved in any commercial venture
I think Ride is right...If I go into a rental agreement or a purchase and sale transaction knowing that Im going to break even or lose money than i didnt go into it for a commercial purpose.....and if Im not renting my exchanges with the purpose of a profit in mind then I think I can do it...But who cares what I think?....the question is what does RCI think and what will the consequences be if we disagree.