The Purchase Agreement for the Westin Princeville Ocean Resort Villas (which I signed and rescinded) contains a paragraph 7, entitled "Starwood Vacation Network", which provides
" . . . . Membership and participation in SVN is entirely voluntary . . . . "
The Starwood Vacation Network Owner Membership Agreement for the property includes the following language:
16(a) "Owner's membership in SVN is voluntary",
16(h) "If Owner elects to sell the Vacation Ownership Interest(s) or otherwise elects not to participate in SVN, SVN Operator will not refund any payments or fees paid by Owner", and
16
"Owner acknowledges that his or her membership in SVN . . . cannot be transferred or assigned."
BTW, a two bedroom lockout at Princeville costs $47,500; MF's are $2,079 + $103 for the optional SVN membership fee.