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Can I bank options into II with a resale?

UKmama19

UKmama19

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My son recently went to Lagunamar and attended a presentation. We are owners there and SVV, he is not. He is interested in purchasing on the secondary market (mandatory) and actually asked the salesperson why they should buy from a developer rather than the much cheaper secondary market. He was told that if you did not purchase from a developer, you would not be able to bank options with II. Is this true?
Thank you to this forum. It has provided much needed information as we love our timeshare usage!
 
tschwa2

tschwa2

TUG Review Crew: Veteran
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A few in S and VA, a single resort in NC, MD, PA, and UT, plus Jamaica and the Bahamas
You don't bank options with II, even if you bought retail. You bank the whole unit or the studio side or the 1 br side. The only type of options that are banked with II are home options if you own in one of the non mandatory flex option trusts.
 
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